TAKE Solutions Ltd. [BSE: 532890 | NSE: TAKE], a leader in the Supply Chain Management (SCM) and Life Sciences (LS) domains, announced the financial results for the quarter ended June 30th 2012, today. The company has posted healthy revenues of INR 2,214 mn for this quarter which is 37.6% increase against the corresponding quarter of FY12. Net Profit for the quarter ended June 30th 2012 was INR 252 Mn. This represents an increase of 16.7% against the corresponding quarter of FY12.
Financials at a glance for the quarter ended June 30, 2012
Commenting on TAKE Solutions’ performance, Mr. S. Sridharan, Managing Director, TAKE Solutions, said
“Our first quarter results were excellent and indicates our enduring progress in establishing TAKE Solutions as an elite Life Sciences and Supply Chain Solutions company among our customers.” He also added, “Across all our business units we generated revenue growth and higher levels of profitability. We are continuing to see high demand for our offerings and confident of sustaining this momentum.”
About TAKE Solutions:
TAKE Solutions, Ltd. [BSE: 532890 | NSE: TAKE] is a leading global business technology company with domain expertise in Life Sciences (LS) and Supply Chain Management (SCM). TAKE provides cost-effective and comprehensive solutions for enterprises across diverse sectors including pharmaceuticals, high technology, consumer packaged goods, oil/gas, and automotive.
TAKE’s SCM product suite includes distinct technology with embedded IP that spans enterprise mobility, trading partner collaboration, and material tracking. In the LS domain, TAKE offers IP-based software and extensive knowledge-based solutions to enable efficient clinical, regulatory, safety and commercialization processes. TAKE has been recognized as a leader by IDC’s MarketScape Worldwide Life Sciences R&D IT Outsourcing for 2011. TAKE’s global headquarters is in Chennai, India; its U.S. headquarters is located in Princeton, New Jersey. TAKE has a proven track record as a trusted partner in delivering world-class solutions to more than 400 customers worldwide. For more information, please visit www.takesolutions.com
Annapoorna K, TAKE Solutions, +91 (44) 45909185