Financials At A Glance For The Quarter Ended September 2011
Chennai, October 28th, 2011: 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 quarter ended September 30th, 2011 today. The Company has posted healthy revenues of INR 1709 Mn for this quarter which is 44% increase against the corresponding quarter ended September 30th, 2010. Net Profit for the quarter ended September 30th, 2011 was INR 202 Mn. This represents an increase of 24% over the same period last year.
Commenting on the Company’s performance, Mr. S Sridharan, Managing Director, TAKE Solutions said, “The performance of this quarter has been as per our expectations. Critical foundations were laid during this quarter to increase capacity for LS practices, SCM business services and cloud infrastructure for our SaaS offerings.”
He further added, “We are happy to be recognized as a Leader in IDC MarketScape: Worldwide Life Science R&D IT Outsourcing 2011, which stands as a testimony of our leadership in the domain we operate. IDC´s research confirms that our commitment to enable customer successes by delivering life sciences industry expertise and business technology skills is strengthening our competitive edge. We will continue to focus on thought leadership and strengthening our Management teams to augment our future business growth and expand rapidly.”
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.
For more details, please contact:
Sumeet Saurabh
Adfactors - New Delhi
Tel: +91 9711306639
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Annapoorna K
TAKE Solutions Ltd.
Tel: +91 44 4590 91855
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