Hot Pursuit     27-May-21
Ramco Systems jumps after Iraqi Airways adopts Ramco aviation software
Ramco Systems jumped 4.60% to Rs 583 after the company said that it will implement its aviation software, Ramco Aviation M&E MRO Software V5.8 at Iraq's national carrier, Iraqi Airways Company.

Iraqi Airways Company, operating as Iraqi Airways, is the national carrier of Iraq, headquartered on the grounds of Baghdad International Airport in Baghdad. It is the second oldest airline in the Middle East. Iraqi Airways operates from its main base in Baghdad International Airport.

Ramco will implement its complete Aviation Software including modules for Engineering & CAMO, Maintenance, Materials Management and M&E Quality & Safety. The cloud-based software will automate the operations of the Iraqi national carrier, manage complete records of its aircraft and enable the airway's staff to manage their operations and receive alerts on the go through its Mobility module, providing greater flexibility, optimized aircraft availability and reduced friction.

Ramco Aviation Software will also be integrated with enhanced inventory tracking and stock visibility capabilities enabling better resource management, unified employee records, and control operations end to end, on a single platform.

Virender Aggarwal, CEO, Ramco Systems, said: "We are happy to partner with Iraqi Airways to digitally transform their business. Infused with artificial intelligence and machine learning capabilities, our Aviation ERP has gained the trust of leading operators in the industry. We look forward to working with Iraqi Airways to reduce inefficiencies and future-proof their operations through our innovative features."

Ramco Systems is an enterprise software, offering cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation.

On a consolidated basis, Ramco Systems' net profit tanked 58.90% to Rs 7.45 crore on 12.55% decline in revenue from operations to Rs 149.86 crore in Q4 March 2021 over Q3 December 2020.

Previous News
  Benchmarks trade with modest gains; consumer durables shares advance
 ( Market Commentary - Mid-Session 13-Jun-23   14:38 )
  Ramco Systems reports consolidated net loss of Rs 25.16 crore in the December 2021 quarter
 ( Results - Announcements 14-Feb-22   08:28 )
  Rategain Travel Technologies Ltd Spurts 3.42%
 ( Hot Pursuit - 10-Jan-24   09:30 )
  Ramco Systems to implement Ramco Aviation for Australia-based Skytek
 ( Hot Pursuit - 13-Jun-23   14:04 )
  Ramco Systems wins High Performing Partnership Award
 ( Corporate News - 04-Mar-24   12:05 )
  Ramco Systems partners with Korean Air
 ( Corporate News - 10-Apr-24   09:08 )
  Ramco Systems to announce Quarterly Result
 ( Corporate News - 01-Apr-22   09:38 )
  Ramco Systems reports consolidated net profit of Rs 7.36 crore in the March 2021 quarter
 ( Results - Announcements 25-May-21   17:28 )
  Ramco Systems deploys its ERP suite for DLF
 ( Corporate News - 31-Jan-22   17:27 )
  Ramco Systems partners with Brunei Shell Petroleum
 ( Corporate News - 24-May-22   20:54 )
  Ramco Systems Ltd leads gainers in 'A' group
 ( Hot Pursuit - 16-Jun-22   12:00 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top