Ramco Systems Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,282.57 million compared to INR 1,274.99 million a year ago. Revenue was INR 1,283.79 million compared to INR 1,287.41 million a year ago. Net loss was INR 263.52 million compared to INR 502.74 million a year ago. Basic loss per share from continuing operations was INR 7.47 compared to INR 16.31 a year ago. Diluted loss per share from continuing operations was INR 7.47 compared to INR 16.31 a year ago.
For the nine months, sales was INR 3,946.27 million compared to INR 3,660.06 million a year ago. Revenue was INR 3,975.53 million compared to INR 3,694.64 million a year ago. Net loss was INR 2,189.23 million compared to INR 1,612.75 million a year ago. Basic loss per share from continuing operations was INR 62.04 compared to INR 52.33 a year ago. Diluted loss per share from continuing operations was INR 62.04 compared to INR 52.33 a year ago.