September 2006

The Board of Directors of TAKE Solutions Ltd., a technology enabled business solutions company with leadership in Supply Chain Management and Life Sciences have approved the audited accounts for the financial year ended 31st March 2006. TAKE Solutions posted a revenue of USD 23.79 million (INR 105.4 crores) for the year ended March 31, 2006 as against USD 10.05 million (INR 44.0 crores) for the previous year.

The company has reported more than a three-fold increase in its profit after tax at USD 4.36 million (INR 19.3 crores) as against USD 1.22 million (INR 5.4 crores) in the previous financial year.

Commenting on the company’s financial performance, a delighted Mr Srinivasan H.R, Founder and Vision Holder, TAKE Solutions said, “We are extremely happy with the company performance with a three fold increase in profits owing to strong all round growth in both the Supply Chain and Life Sciences verticals”.

TAKE Solutions

TAKE Solutions, a technology enabled business solutions company with leadership in Supply Chain Management and Life Sciences, has employee strength of 450. Headquartered in Chennai, the company has its SCM Domain Excellence Centre and Global Delivery Centre in India. It has a strong presence in USA through its Life Sciences Domain Excellence centre located in New Jersey. Apart from this the company has a significant representation in various regions across the world through its business development offices located in India, Sri Lanka, Singapore, Malaysia and USA. TAKE Solutions’ flagship product is TAKE RTE, which is a unique framework combining BPM, workflow management, and application and information integration. Developed on the Microsoft .Net platform, it also provides a composite application development environment. It has a strong technology and domain expertise, using which it offers IT enabled services to its customers worldwide. TAKE is SEI-CMM Level 4 Certified, Microsoft Gold Certified and is a Registered CDISC Solution provider.