BWI: TAKE Solutions Announces its Q2FY13 Results

Press release from Business Wire India
Source: TAKE Solutions
Friday, November 09, 2012 05:18 PM IST (11:48 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Business services, Energy companies, Financial Analyst, Information technology, Major diversified industrial groups, Stock exchanges; Technology
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TAKE Solutions Announces its Q2FY13 Results


Chennai, Tamil Nadu, India, Friday, November 09, 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 ended September 30th 2012, today. The company has posted revenues of INR 2117 mn for this quarter which is 26.4% increase against the corresponding quarter of FY12.

Financials at a glance for the quarter ended September 30, 2012

Commenting on TAKE Solutions' performance, Mr. Srinivasan H.R., Vice Chairman and Vision Holder, TAKE Solutions, said "Our performance this quarter was not as per our expectations. However our business model and our client traction continues to be very good. We are confident that our domain expertise coupled with an excellent delivery capability will continue to be our core strength in today's competitive environment."

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 .

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http://www.BusinessWireIndia.com/attachments/Financials.pdf
Financials at a glance for the quarter ended September 30, 2012


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

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

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