2000 Investors following Take Solutions. Share this News with them.
0
Like this story, share it with millions of investors on M3
Take Solutions reports over 100 per cent growth
TAKE Solutions, the Chennai-headquartered Supply Chain Management and Life Sciences provider, has reported over 100% growth on its net profits for the year ending March 31, 2011.
TAKE Solutions , the Chennai-headquartered Supply Chain Management and Life Sciences provider, has reported over 100% growth on its net profits for the year ending March 31, 2011.
The company has reported net profits at Rs 69.99 crore, up by 115.8% as against Rs 32.42 crore reported in the same period of previous year, a company statement here said.
The total income of the company for the year ending March 31, 2011 soared to Rs 506.05 crore from Rs 366.41 crore registered during the same period of previous year, it said.
The board of directors have recommended a 100% dividend for the fiscal year 2011, it said.
"The remarkable increase in the net profit by 116% could be attributed to the productivity and optimal use of resources. It is good to see the resurgence in investment on IT space globally resulting in the rise in demand which has been the key driver to our performance", TAKE Solutions Managing Director S Sridharan said.
The company currently has a presence in the United States with the Life Sciences domain excellence centre located in New Jersey. It has about 400 customers worldwide, the statement added.
