Ramco Systems Limited — Updates, 08-11-2024: Press Release

Ramco Systems Limited reported Q2 revenue of USD 17.12 million, marking a 4% quarter-on-quarter growth, with an EBITDA of USD 2.1 million—up 51% QoQ. Strategic changes in leadership include the transition of CEO Sundar Subramanian stepping down, with Abinav Rajaas appointed as Managing Director to drive growth. The company launched Ramco Aviation Software 6.0 and signed several significant contracts, solidifying its commitment to innovation and customer-centric solutions.