RAMCOSYS2023-04-012023-06-30 RAMCOSYS2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member RAMCOSYS2023-06-30 RAMCOSYS2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532370 RAMCOSYS NOTLISTED Ramco Systems Limited Equity 2023-04-01 2024-03-31 2023-08-07 2023-07-20 INR Millions First quarter 16:15:00 17:55:00 2023-08-07 2023-08-07 Not applicable Single segment Software Solutions and Services. 2023-04-01 2023-06-30 Unaudited Standalone 652350000.00 3650000.00 656000000.00 0.00 1020000.00 0.00 466200000.00 14080000.00 198260000.00 306210000.00 985770000.00 -329770000.00 0.00 -329770000.00 310000.00 -17720000.00 -17410000.00 0.00 -312360000.00 0.00 0.00 0.00 0.00 -312360000.00 -1030000.00 -313390000.00 -313390000.00 0.00 352750000.00 10 -8.86 -8.86 0.00 0.00 -8.86 -8.86 0.00 0.00 0.00 Notes to the Standalone Financial Results 1 The above Results were reviewed by the Audit Committee and approved by the Board on 07 August 2023. The Results are prepared in accordance with the Ind AS as prescribed under Section 133 of the Companies Act 2013 read with the relevant rules issued thereunder. The Statutory Auditors have carried out a limited review of the Results of the Company for the quarter ended 30 June 2023 and have issued an unmodified repor 2 Employee benefits expense includes cost reversal of towards the proportionate fair value of the stock options granted to various employees amortised over the graded vesting period ESOP. Refer PDF filed for more details. 3 Other expenses include bad debts provision for doubtful debts and advances. Refer PDF filed for more details.4 Other expenses also includes foreign exchange fluctuation loss gain. Refer PDF filed for more details.5During the quarter the Company had allotted 12089 equity shares under the ESOS of the Company. Further 43135 equity shares of Rs.10 each were alloted under ESOS to the employees, after the end of the quarter. Accordingly the paid up capital of the Company increased to Rs.353.18 Mln. from Rs.352.63 Mln. as at 31 March 2023.6 The utilisation of the proceeds of Preferential Issue 2022.Refer PDF filed for more details.8 The Government of India had enacted The Code on Wages 2019 The Industrial Relations Code 2020 The Occupational Safety Health and Working Conditions Code 2020 and The Social Security Code 2020 subsuming various existing labour and industrial laws but the effective date is yet to be notified. The impact of the legislative changes if any will be assessed and recognised post notification of relevant provisions.9 The Company has only one operating segment viz Software Solutions and Services.10 Figures for the previous period have been regrouped restated wherever necessary to make them comparable with the figures for the current periods. Figures for the quarter ended 31 March 2023 are the balancing figures between audited figures in respect of the full financial year ended 31 March 2023 and published year to date figures up to the third quarter ended 31 December 2022. Other expenses 306210000.00 0.00 Effect of change in the functional currency of foreign operations -1030000.00 -1030000.00 0.00