Ramco posts $11.45 million revenue in Q3

CHENNAI, INDIA: Ramco posted $11.45 million revenue for the third quarter ended December 31, 2007, as against $10.09 million reported for the same period previous year to register a 13 per cent growth.

For the quarter the global software revenues grew by 25 per cent to reach $9.44 million compared to $7.56 million achieved during the corresponding quarter the previous financial year.

Ramco has also announced to invest in building a new facility over the next 18 to 24 months to keep pace with the company’s growth plans.