Ramco Sees Sustained Customer Growth In Quarter Gone By

Driven by customer acceptance of Ramco’s Enterprise and OnDemand offerings, Ramco has started the financial year optimistically. The company has added 25 new names to its list of customers.

During the last three months, the company has witnessed good traction in the APAC market with key order wins from Panasonic Electronic Components, UEM Environment, Aden Container Terminal, and additional orders from PwC Malaysia, SDV logistics and Convergys.

India Operations contributed significantly with 10 new order wins for Ramco OnDemand ERP (ERP delivered via SaaS model) and secured enterprise businesses from customers like Securitas India and Chakiat Shipping & Logistics. For India, the total quarterly income reported is Rs 26 crore against Rs 21 crore achieved during the corresponding quarter of the last fiscal.

P R Venketrama Raja, vice chairman, managing director and CEO, Ramco Systems, said, “The last quarter has been good for us in terms of new order wins and customer acquisitions. We have been able to capitalise on right opportunities and show improvement in our overall performance. This was made possible because of our sustained approach towards customer acquisitions via our Enterprise and OnDemand solutions. Our strategy to focus on certain emerging verticals ensured that the revenue mix is far healthier than the last fiscal. We were also able to aptly capitalise on our technology and products’ maturity level, and thus increase productivity and rationalise costs. With our relentless focus on higher revenues and lower cost, we are well poised to leverage global opportunities and grow”.