Chennai, 7 August, 2015: TAKE Solutions Ltd. [BSE: 532890 | NSE: TAKE], a global business solutions provider with domain expertise in Life Sciences (LS) and Supply Chain Management (SCM), today announced its best ever results for Q1 FY 2016. The Company has posted a net profit of INR 395 million, a phenomenal increase of 203.8% over the previous year and a resounding 102.9% Y-o-Y increase in EBITDA which was reported at INR 666 million.

Key highlights:

  • Strategic foray into the trending sphere of big data in the Life Sciences niche through our US subsidiary. This will also enable us to stay in step with new and evolving concepts in clinical research.
  • Geographic expansion in Latin America with a regulatory hub in Bogota, Columbia to better serve our clients.
  • Patent win from United States Patent and Trademark Office (USPTO) for our "Method for Optimizing Clinical Data Standardization". This process leverages TAKE Solutions' Clinical Accelerators to reduce the time taken to standardize trial data by over 50%.
  • Apppointment of new Head of Services, Life Sciences, Shalabh Kumar, who comes with over 20 years of experience in the pharma industry.

Srinivasan H.R., Vice-Chairman and Managing Director, TAKE Solutions said, "We are very excited to have started the financial year on a tremendously bullish note, reporting our best ever quarterly results. This was due to an impressive growth in our order book, especially Life Sciences which reported a growth of over 14.5%. Our performance augurs well for the Company to achieve its long term vision at a time when clients are facing challenges posed by a constantly evolving LS market."

He further added, "We will also continue to focus on niche areas in Supply Chain Management where we have a competitive advantage. Armed with these developments, we foresee greater success in the quarters to come as we continue to bolster our position as leaders in the niches we operate in."

About TAKE Solutions

TAKE Solutions is a leading domain focused technology company offering services/solutions to the global market. The company provides cost-effective and comprehensive solutions for enterprises across diverse sectors including pharmaceuticals, high technology, consumer packaged goods, oil/gas, and automotive.

TAKE Solutions encompasses specialized lines of businesses under distinct brands such as Navitas - a pure play Life Sciences company, TAKE Supply Chain & TAKE MEA - flexible, accessible, mobile Supply Chain software solution providers, APA Engineering - an International Sourcing and Engineering services company and TAKE Enterprise Services Inc. - a specialist provider of technology-driven business solutions and software services.

TAKE's global headquarters is in Chennai, India; its U.S. headquarters is located in Princeton, New Jersey. TAKE has a proven track record as a trusted partner in delivering world-class solutions to more than 400 customers worldwide.

For more information, please visit www.takesolutions.com

contacts:
Annapoorna K., TAKE Solutions Ltd., annapoorna@takesolutions.comThis email address is being protected from spambots. You need JavaScript enabled to view it. , Tel: +91 44 2435 7359/60
Murugan G, 20:20 MSL, murugan.ganesan@2020msl.comThis email address is being protected from spambots. You need JavaScript enabled to view it. , Mobile: +91 98412 78904

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