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Products

TAKE Solutions Registered A Growth Of 47% In Q1FY12

Posted on August, Wednesday 03, 2011 By itVAR News Network

Moving ahead on the success path, TAKE Solutions, leaders in Supply Chain Management (SCM) and Life Sciences (LS) products posted an encouraging increase of 47% in their first quarter results. The company revenues soars from INR 110 crore for corresponding quarter ended June, 2010 to INR 161 crore for the quarter ended June 30, 2011.

Commenting on the Company’s performance, S Sridharan, Managing Director, TAKE Solutions said, “We are thrilled to deliver our best quarter revenue increase up by 47% and profit up by 51% 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.”
He further added, “We are equally excited about the opportunities and growth unfolding in the cloud computing space, to capitalize on this, we are also in the process of launching more products in this horizon to complement our existing OneSCM solution.”
Excited Sridharan concluded by saying, “Our performance in this quarter has not only strengthened our confidence for a better performance in the coming quarter; it has also helped us work towards having a healthy pipeline of opportunities to fuel TAKE’s growth.”

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