Supply chain management provider TAKE Solutions reported a 51 per cent jump in its net profit for the first quarter ending June 30,2011. The city-headquartered company reported net profits at Rs 21.6 crore up by 51 per cent for the quarter ending June 30,2011 as against Rs 14.3 crore reported during the same period of previous year. Total revenues of the company for the quarter ending June 30,2011 went upby 47 per cent to Rs 160.9 crore from Rs 109.7 crore eported during the same period of previous year. "We are thrilled to deliver our best quarter revenue increase,up by 47 per cent and profit up by 51 per cent compared to corresponding quarter last year. This is the third straight quarter where we have witnessed highest quarter revenue growth and we are focused and excited about building on this success",TAKE Solutions Managing Director S Sridharan said in a statement here.
