Ramco Systems Bids ‘Auf Wiedersehen’ to Germany: Strategic Exit Powers Global Growth

Ramco Systems Ltd, a leading enterprise software provider, has announced the closure of its overseas branch in Germany, effective May 28, 2025, marking a significant step in its ongoing global restructuring strategy. The decision follows several years of no business operations in the region and is aimed at optimizing the company’s international footprint.

 

Despite this closure, Ramco Systems continues to report robust financial performance globally. The company posted a 10% year-on-year revenue growth for FY25, reaching USD 70.43 million, and recorded a 21% YoY revenue surge in Q3 FY25, reflecting the success of its transformation initiatives and improved customer retention. For the quarter ending March 2025, standalone net sales rose to Rs 84.54 crore, with quarterly net profit jumping 426% to Rs 6.77 crore compared to the previous year.

 

The closure of the Germany branch is described as a strategic move, allowing Ramco to focus resources on high-growth markets and streamline its international operations. The company remains committed to serving its global clientele through its other active subsidiaries and branches, particularly in regions where demand for its aviation, payroll, and ERP solutions continues to grow.

 

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Source: Ramco Systems Press Releases, Moneycontrol Business News.