Net Sales are expected to increase by 8.1 percent Q-o-Q (up 38.5 percent Y-o-Y) to Rs. 491 crore, according to HDFC Securities.
Chennai floods had a negative impact on Take. The company lost USD 160,000 in revenues in the third quarter of FY16 due to this, says HR Srinavasan, Vice Chairman and Managing Director of Take.
Take Solutions, whose revenue went up by 15 percent on Q-o-Q basis, focused on high margin businesses and expanded into functional services for better results.
Out of the Rs 184 crore revenues reported in third quarter, about 63 percent came in from the life sciences business and 37 percent from the supply chain management business, said Srinivasan HR, VC & MD, Take Solutions.
In an interview with CNBC-TV18, H R Srinivasan, VC, Prime Founder, Take Solutions says, the margin dip was due to the bonus and also due to the one time expenses in relation to the acquisition. He expects 22.5-23% margin in FY12.