TAKE Solutions : reports Q1 FY17 revenue of INR 3,195 million

Chennai, August 04, 2016:TAKE Solutions Ltd. [BSE: 532890 | NSE: TAKE], a globally recognized knowledge intensive technology player and Life Sciences expert, today announced the financial results for the first quarter of year 2017. The company has continued to concentrate its focus on the dynamic and rapidly growing domain of Life Sciences as a strategic decision envisaged by the leadership in FY14. The company reported revenue of INR 3,195 million, a 29.3% increase over the corresponding period in the previous year.

Srinivasan H.R., Vice-Chairman and Managing Director, TAKE Solutions said, 'We begin the first quarter of FY17 with very strong numbers in continuation to a tremendous Q4 FY16 performance where our revenue crossed the Rs. 1000 cr mark. The results clearly indicate steady growth in our focused sphere of Life Sciences.'

About TAKE Solutions

TAKE Solutions, is a globally recognized knowledge intensive technology player, delivering comprehensive and niche solutions for enterprises across diverse sectors for over 15 years, with key expertise in Life Sciences (LS) and Supply Chain Management (SCM). In the LS domain, TAKE offers IP-based software and extensive knowledge-based solutions to enable efficient clinical, regulatory, safety and content management. In SCM, TAKE's product suite includes distinct technology with embedded IP that spans enterprise mobility, trading partner collaboration, and material tracking. TAKE encompasses specialized lines of businesses under distinct brands such as Navitas - an IP driven Life Sciences solutions company, Ecron Acunova - a specialized provider of Clinical Services to both Pharma & Biotech companies, Intelent - an expert in Life Sciences Big Data, TAKE Supply Chain & TAKE MEA - flexible, accessible, mobile Supply Chain software solution providers, APA Engineering - an International e-Sourcing and Engineering services company, TAKE Innovations - an incubator to facilitate IP Creation and TAKE Enterprise Services Inc. - a specialist provider of technology-driven business solutions and software services.

TAKE's significant recognitions include a patent win from the United States Patent and Trademark Office (USPTO) for its 'Method for Optimizing Clinical Data Standardization', a 'Leader' certification in Drug Safety Services & Life Sciences R&D IT Outsourcing from IDC, recognition as the 'Dream Employer of the Year' at the World HRD Congress and the title of 'Most Admired Brand -IT' from the Asian Customer Engagement Forum. With its global headquarters in Chennai, India, TAKE has a proven track record of delivering world-class solutions to more than 400 customers worldwide, including 9 of the top 10 global Pharma companies. For more information, please visit www.takesolutions.com.

Contacts::
Samhita Suresh, TAKE Solutions, [phone], [e-mail]
Murugan G, 20:20 MSL, [phone], [e-mail]