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 Consolidated 1395400000.00 4020000.00 1399420000.00 0.00 7900000.00 0.00 859900000.00 15800000.00 216600000.00 782250000.00 1882450000.00 -483030000.00 0.00 -483030000.00 2730000.00 -17720000.00 -14990000.00 0.00 -468040000.00 0.00 0.00 0.00 0.00 -468040000.00 47700000.00 -420340000.00 -467640000.00 -400000.00 -419940000.00 -400000.00 352750000.00 10 -13.27 -13.27 0.00 0.00 -13.27 -13.27 0.00 0.00 0.00 Notes to the Consolidated Financial Results 1The above Consolidated Financial Results of Ramco Systems Limited India the Company its subsidiaries together referred to as Group and its Associate were reviewed by the Audit Committee and approved by the Board on 07th 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 Group for the quarter ended 30 June 2023 and have issued an unmodified audit report. 2 Employee benefits expense includes cost (reversal of cost) towards the proportionate fair value of the stock options granted to various employees, amortised over the graded vesting period (ESOP Cost). Refer PDF filed for more details. 3 Other expenses includes bad debts / provision for doubtful debts and advances as below: Refer PDF filed for more details. 4 Other expenses also includes foreign exchange fluctuation loss/(gain) as below: Refer PDF filed for more details. 5 During the quarter, the Company had allotted 12,089 equity shares under the ESOS of the Company. Further 43,135 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. USD 6.62 Mln. from Rs.352.63 Mln. USD 6.62 Mln. as at March 31, 2023.6 The utilisation of the proceeds of Preferential Issue 2022 is given below: Refer PDF filed for more details. 7 Details of Borrowing. 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 & 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 Group has only one operating segment-viz., Software Solutions & Services. 10 Figures for the previous period(s) have been regrouped / restated wherever necessary to make them comparable with the figures for the current period(s). Figures for the quarter ended March 31, 2023 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2023 and published year to date figures up to the third quarter ended December 31, 2022. Other expenses 782250000.00 0.00 Effect of change in functional currency of foreign Operations 47700000.00 47700000.00 0.00