Chennai, February 02 2017:TAKE Solutions Ltd. [BSE: 532890 | NSE: TAKE], a globally recognized knowledge and innovation intensive Life Sciences expert, today announced the financial results for the third quarter FY 2017. The company reported revenue of INR 3,431 Mn, a 38.4% growth over the corresponding period in the previous year. The Net profit was reported at INR 322 Mn, a 34.3% increase over corresponding period in the previous year.

Key highlights:

  • The company embarked on a 5-year transformational scale-up plan with a mission to significantly magnify its size and scale, amplifying its revenues by 5x to emerge as a 500 Mn USD enterprise.
  • The Q3 FY17 order-book registered a substantial growth of 13% over the previous quarter with the addition of 14 new clients across USA and Asia.
  • The company announced the appointment of Ms. Subhasri Sriram as Chief Finance Officer. Ms. Sriram, who brings with her 25 years of experience, is a recipient of the “Best Performing CFO in the NBFC Sector” award instituted by CNBC TV18.

Srinivasan H.R., Vice-Chairman and Managing Director, TAKE Solutions said, “We have witnessed a rewarding quarter, sustained by our efforts towards strengthening our position as a full-service boutique Life Sciences company. The growth in our order book stands testimony to our growth trajectory.”

He further added, “We are excited to have embarked on a journey of reinvention which will see us amalgamate our strengths across our geographies and brands to emerge as a 500 Mn USD enterprise by 2021. We are also immensely pleased to welcome Ms. Subhasri Sriram as our Chief Finance Officer, whose invaluable leadership and industry experience will add tremendous value to the organization as we jointly progress towards our goal.”


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