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TAKE Solutions Announces Its Q4 Results

TAKE Solutions Announces Its Q4 Results
(Monday, May 28, 2012 8:45:10 AM)


--Press Release

Monday, May 28, 2012: 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 and the year ended March 31st 2012, today. The company has posted healthy revenues of INR 7,189 Mn for FY ending March 31st 2012 which is 42% increase against year ended March 31st, 2011. Net profit for FY12 was INR 856 Mn; an increase of 23% Y-o-Y.

Commenting on TAKE's performance, Mr. S. Sridharan, Managing Director, TAKE Solutions, said "Last year's performance was as per our expectations. The most satisfying aspect has been the efforts to increase wallet share in customers. This has given us good results in the form of increased order books and visibility into revenue for the upcoming year." He added, "As we enter the new financial year FY '13, the environment looks uncertain, so we are looking at heightened emphasis on sales & marketing."