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TAKE Solutions announces results for Q4 FY 2015, posts 65% growth in profits

TAKE Solutions

TAKE Solutions, a global business technology solution provider, has announced its financial results for the fourth quarter of FY 2015.

The technology company has posted healthy revenue of INR 2183 million for this quarter, a 17.1% increase over the previous quarter and a net profit of INR 271 million, an increase of a 65.1% over the previous quarter and a resounding 110.1% over the corresponding quarter of the previous year, the press release states.

Srinivasan H.R., Vice-Chairman and Managing Director, TAKE Solutions said, “The strategy envisaged last year of shrinking to refocus, and grow in niche segments has yielded rich dividends. The cornerstone of our strategy has been to deliver higher EBITDA, and consequently superior value. Our realignment of businesses to this objective has paid off with this being our best quarter ever.”

growth in profits

He further added, “It is encouraging to continue the positivity of our performance through the year, which stands testimony of our clients’ satisfaction, and boosts our confidence to maintain our competitive edge. Our investments in the creation of IP-based Life Sciences & Supply Chain offerings are working well. As we enter the new financial year FY ’16, we will further bolster our experience in these segments and accelerate our growth year-on-year.”

Those who are unaware, TAKE Solutions is a leading domain focused technology company offering cost-effective and comprehensive services/solutions for enterprises globally.

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