Ramco Systems Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,395.4 million compared to INR 1,199.17 million a year ago. Revenue was INR 1,399.42 million compared to INR 1,209.47 million a year ago.

Net loss was INR 467.64 million compared to INR 506.85 million a year ago. Basic loss per share from continuing operations was INR 13.27 compared to INR 16.45 a year ago. Diluted loss per share from continuing operations was INR 13.27 compared to INR 16.45 a year ago.