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Take Solutions jumps after strong Q4 earnings

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Capital Market
Last Updated : May 16 2015 | 12:01 AM IST

Take Solutions surged 11.91% to Rs 118.40 at 15:21 IST on BSE after consolidated net profit surged 110.1% to Rs 27.10 crore on 10% growth in total revenue to Rs 218.30 crore in Q4 March 2015 over Q4 March 2014.

The Q4 result was announced during market hours today, 15 May 2015.

Meanwhile, the S&P BSE Sensex was up 101.32 points or 0.37% at 27,307.38.

On BSE, so far 9.64 lakh shares were traded in the counter as against average daily volume of 3.28 lakh shares in the past one quarter.

The stock hit a high of Rs 122.50 and a low of Rs 107.85 so far during the day. The stock had hit a 52-week low of Rs 30.40 on 16 May 2014. The stock had hit a record high of Rs 186.90 on 3 March 2015.

The stock had underperformed the market over the past one month till 14 May 2015, sliding 19.79% compared with Sensex's 6.33% fall. The scrip had also underperformed the market in past one quarter, sliding 13.31% as against Sensex's 6.49% fall.

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The small-cap company has equity capital of Rs 12.24 crore. Face value per share is Re 1.

Take Solutions' EBITDA (earnings before interest, taxation, depreciation and amortization) rose 35% to Rs 49.90 crore in Q4 March 2015 over Q4 March 2014.

Take Solutions is a leading domain focused technology company offering services/solutions to the global market.

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First Published: May 15 2015 | 3:13 PM IST

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