With over 20 years of engineering experience in Australia, Papua New Guinea, Indonesia and the Pacific, Skytek is uniquely placed to support aircraft operators across different cultures and regulatory environments. The company's specialist aviation engineering services range from heavy maintenance for both fixed wing and rotary wing, component overhaul, along with composite repair work.

Ramco's Aviation Suite will integrate and automate various operations at Skytek, empowering them with a modern solution to support their business growth.

With modules covering engineering & CAMO, maintenance, supply chain, MRO & part sales, employee management, finance & accounting, compliance reporting and journey log entries, Ramco's Aviation Suite will provide Skytek with a next-gen digital platform. The solution will also help Skytek optimize their turnaround times for quotations, order processing and customer engagements.

In addition, with its digital enablers like HUBs and workflows, Ramco will help Skytek improve productivity and enhance process efficiencies.

Manoj Kumar Singh, chief customer officer – Aviation, Aerospace & Defense, Ramco Systems, said, “We are delighted to partner with Skytek to digitally transform their business.

Equipped with the latest artificial intelligence and machine learning stacks, Ramco's Aviation solution has been helping leading organizations achieve automation and obtain crucial insights into their operations. We look forward to our digital journey with Skytek, to support their business growth.”

Ramco Systems is an enterprise software company, offering multi-tenant cloud and mobile-based enterprise software solutions for HR, Global Payroll, ERP, and M&E MRO for Aviation. The company has over 2000 employees spread across 29 offices worldwide.

The company reported consolidated net loss of Rs 45.57 crore in Q4 FY23 as compared with net loss of Rs 26.38 crore in Q4 FY22.Revenue from operations rose 1.9% year on year to Rs 126.22 crore in Q4 FY23.

The scrip shed 0.74% to currently trade at Rs 261.50 on the BSE.