Ramco Systems announced that it has established a wholly-owned subsidiary in Japan to carry on the business operations in the region.
Ramco Software Japan has been established in Japan as a wholly owned subsidiary of the company and it is yet to commence its business operations.On a consolidated basis, Ramco Systems recorded a 205.2% jump in net profit to Rs 18.13 crore on a 16.5% rise in net sales to Rs 171.38 crore in Q3 FY21 over Q3 FY20.
Ramco Systems is an enterprise software, offering cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation.
Shares of Ramco Systems rose 0.86% to close at Rs 505.10 on Friday.
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