Stock Report

Ramco Systems Ltd Q2FY23 consolidated loss widens to Rs. 60.31 crores



Posted On : 2022-11-07 14:06:09( TIMEZONE : IST )

Ramco Systems Ltd Q2FY23 consolidated loss widens to Rs. 60.31 crores

Ramco Systems Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 119.776 crores during the period ended September 30, 2022 as compared to Rs. 120.947 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -60.316 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -50.685 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -19.57 for the period ended September 30, 2022 as compared to Rs. -16.45 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 119.776 crs ₹120.947 crs Up Tick / Down Tick-0.97%
Net Profit ₹-60.316 crs ₹-50.685 crs Up Tick / Down Tick19.00%
EPS ₹-19.57 ₹-16.45 Up Tick / Down Tick18.97%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 119.776 crores during the period ended September 30, 2022 as compared to Rs.144.636 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-60.316 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-12.90 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-19.57 for the period ended September 30, 2022 as compared to Rs.-4.20 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 119.776 crs ₹144.636 crs Up Tick / Down Tick-17.19%
Net Profit ₹-60.316 crs ₹-12.90 crs Up Tick / Down Tick367.57%
EPS ₹-19.57 ₹-4.20 Up Tick / Down Tick365.95%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.240.723 crores during the 6 Months period ended September 30, 2022 as compared to Rs.287.494 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-111.001 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-21.825 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-36.02 for the 6 Months period ended September 30, 2022 as compared to Rs.-7.10 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹240.723 crs ₹287.494 crs Up Tick / Down Tick-16.27%
Net Profit ₹-111.001 crs ₹-21.825 crs Up Tick / Down Tick408.60%
EPS ₹-36.02 ₹-7.10 Up Tick / Down Tick407.32%

Shares of Ramco Systems Limited was last trading in BSE at Rs. 250.30 as compared to the previous close of Rs. 244.10. The total number of shares traded during the day was 7769 in over 566 trades.

The stock hit an intraday high of Rs. 254.60 and intraday low of 244.30. The net turnover during the day was Rs. 1930139.00.

Source : Equity Bulls

Keywords

RamcoSystems Q2FY23 H1FY23 ResultUpdate