Ramco Virtual Works posts 26 per cent growth in Q1

Chennai, July 27 (UNI) Continued customer confidence in Ramco Virtual Works helped Ramco Systems post a 26 per cent first quarter global revenue growth compared to the corresponding period last year.

The total quarterly income reported was Rs 33.75 crore with a net loss of Rs 6.79 crore.

During the quarter, the company won significant orders from India, the US and Singapore.

The company was aggressively pursuing a few strategic relationships that were expected to improve predictability of revenues, a company release here said.

UNI WS JJ 1925