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RAMCOSYS — Ramco Systems News Story

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India's Ramco Systems slips to one-month low as June-quarter profit slumps

BUZZ-India's Ramco Systems slips to one-month low as June-quarter profit slumps 

** Shares of India's Ramco Systems RMCS.NS fall 10% to 710.95 rupees, their lowest level since June 25

** The cloud enterprise software company's June-quarter consol net profit falls 36.2% Y/Y to 6 million rupees ($62,160), pressured by a 10.2% rise in operating expenses

** Ramco stock up 25.3%, YTD


($1 = 96.5250 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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