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This is an archive article published on August 1, 2010

Take Solutions posts strong results in Q1

Take Solutions leaders in Supply Chain Management SCM and Life Sciences products,announced their first quarter results today.

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Take Solutions leaders in Supply Chain Management SCM and Life Sciences products,announced their first quarter results today.

The company has posted healthy revenues of INR 109.7 crores for the quarter ended June 30,2010 as against INR 81.2 crores for corresponding quarter ended June,2009,which is a 35 increase. Net Profit for the quarter ended June 30,2010 was INR 14.3 crores. This represents an increase of 222 over the same period last year and 17 over the March 2010 quarter.

Commenting on the companys performance,Ram Yeleswarapu,President amp; CEO,TAKE Solutions said,It is always great to begin the financial year on a positive note. This has been a quarter of complete outperformance. Our balanced growth was driven by disciplined execution amidst strong demand across markets and industry sectors.

He further added,It has been our constant endeavour to customize our products,solutions,and services to keep pace with the demands in the market and we are confident that the domain expertise coupled with flexibility will be our core strength in todays competitive environment.8221;

 

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