Kamesh Ramamoorthy, COO of Ramco System, in an interview with Sonia Shenoy and Ekta Batra of CNBC-TV18, gave his perspective of the fourth quarter performance and their divulged future plans.
Below is the verbatim transcript of the interview. Also watch the accompanying video. Q: In terms of Q4 your revenue growth has been quite strong around 34%. If we break-up geographically in terms of India and Middle-East, how have you done? What were the key growth drivers?A: India roughly contributes to 35% of the total revenue and Middle East and Africa contribute to another 25%. Q: What are the Q4 numbers as we have your FY11 consolidated performance? What has the quarter being like in absolute terms on revenues and net profits?
A: In terms of quarter, it is Rs 1.312 crore of revenues and around Rs 2 lakh profit. Q: In terms of your segment wise break-up, where has the main movement come in this time around?
A: The main growth has been in India and North Africa. If we take on an annual basis, we have grown by 34% in India. Q: What has been the product wise?
A: On the aviation product line, we have grown by roughly 40% over the previous year. For our on demand cloud computing ERP, we have grown again by 40% or so. Q: What movement are you expecting in the next fiscal in FY12? Where would the main growth drivers come in from?
A: Aviation will continue to grow. Our pipeline is strong for aviation which will continue to grow. Our cloud computing ERP will grow substantially. There is a lot of traction in the market and we are clocking in good numbers in terms of customer acquisition. Our two years back announced analytic product is also doing quite well. We expect a lot of banks to adopt this in the coming year. Q: Can you give an update on your fund rising? Don
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