BWI: TAKE Solutions Announces its Q4 Results

Press release from Business Wire India
Source: TAKE Solutions
Saturday, May 26, 2012 04:23 PM IST (10:53 AM GMT)
Editors: General: Consumer interest, People; Business: Business services, Energy companies, Financial Analyst, Information technology, Stock exchanges; Technology
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TAKE Solutions Announces its Q4 Results


Chennai, Tamil Nadu, India, Saturday, May 26, 2012 -- (Business Wire India) -- 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."

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.

To view the results, please click on the link below:
Results
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/FY12.pdf
FY12.pdf


CONTACT DETAILS
Twinkle Xavier, 20:20 MSL, +91 9884480115
Annapoorna K, TAKE Solutions Ltd., +91 44 4590 9185

KEYWORDS
CONSUMER, PEOPLE, BUSINESS SERVICES, ENERGY, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY

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