Take Solutions revenue up 80% at INR 128cr

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Take Solutions revenue up 80% at INR 128cr

Take Solutions revenue up 80% at INR 128cr. More than 83% increase in PAT

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The Board of Directors of TAKE Solutions Ltd., a technology enabled business solutions company with leadership in Supply Chain Management and Life Sciences have approved the un-audited financial results for the half year ended 30th September 2007. TAKE Solutions posted a revenue of INR 128 crores for the half year ended September 30, 2007 as against INR 71 crores for the same period last year.

The company has reported more than 83% increase in its Profit After Tax at INR 22 crores as against INR 12 crores in the same period last year.

Commenting on the company's financial performance Mr. Srinivasan H.R, Vice Chairman, TAKE Solutions said "Our IPO this year has been well received by the market and we are quite optimistic about our performance for the rest of the year. The first half year has been an exciting for us as demonstrated by our encouraging results in both supply chain management and life sciences divisions. Moreover, our overseas acquisitions has strengthened our delivery capability and deepened our presence in the US market."  

Sourced From :Indian Public Affairs Network