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TAKE Solutions Q3 net soars 130% pc to Rs 19 cr

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Press Trust of India Chennai

TAKE Solutions today reported over 130 per cent growth in its consolidated net profit at Rs 18.94 for the quarter ending December 31, 2010.

The city-headquartered company's net profits stood Rs 8.21 crore during the same period of previous year, TAKE Solutions said in a statement.

For the nine months period ending December 31, 2010 the company's net profits stood at Rs 49.55 crore as against Rs 20.21 crore registered during the same period of previous year, it said.

The consolidated total income of the company for the quarter ending December 31, 2010 grew to Rs 126.47 crore from Rs 94.81 crore registered during the same period of previous year.

 

For the nine months period ending December 31, 2010 the total income grew to Rs 354.82 crore from Rs 266.29 crore registered during the same period of previous year, it said.

"We are pleased to announce another quarter of strong growth. The positive revenue run rate has been hte consequence of various organic and inorganic initiatives taken in the previous quarters.", TAKE Solutions Managing Director S Sridharan said.

The company today has a presence in the United States and conducts businesses with more than 400 customers worldwide.

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First Published: Jan 28 2011 | 5:04 PM IST

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