Ramco Systems net profit down 49% in Q4

The company looks at User Experience and Mobility to drive business growth

Enterprise software company Ramco Systems has posted a drop of around 48.8 per cent in net profit at Rs 4.15 crore for the quarter ended March 31, 2015, as compared to Rs 8.1 crore. The total income from operations stood at Rs 101.94 crore for the quarter, as against Rs 98.1 crore for the same quarter of previous fiscal year, an increase of 3.85 per cent.

"The currency headwinds contributed to an adverse impact on the results to the extent of $ 0.87mn (Rs 5.3 crore)," said a company announcement.

Speaking about the expecations in next one year, Virender Aggarwal, CEO, Ramco Systems, said "The era of seeing ERP as an automation tool is passe. Today, organizations are looking for applications that are intuitive, intelligent and highly user-centric. HUB from Ramco is aimed at addressing the new-age ERP buyer who is looking at applications not as a 'System of record' but as a 'System' capable of understanding the user, making intelligent suggestions and auto completing the regular tasks."

 

"With one screen for each role, HUB will be a powerful addition that will help in productivity improvement at all levels. We look forward to rolling this out in phases this year," he said.