Tuesday, May 20, 2014

TAKE Solutions FY 14 net profit at Rs.58 crore down 27%

TAKE Solutions Ltd. [BSE: 532890 | NSE: TAKE], a global business technology solutions provider with significant focus across two principal business areas, namely Life Sciences (LS) and Supply Chain Management (SCM) domains, today, announced the financial results for the year which ended on March 31, 2014. The Board of Directors has recommended a final dividend of Rs. 0.40 per share (40% of paid up capital) for fiscal 2014.Once approved, the total dividend for FY14 will be Re.1.00 (100% of paid up capital).

Figures in INR million unless mentioned
FY14
Y-o-Y change (%)
Total Revenue
8,155
-2.0%
EBITDA
1,473
-8.7%
Net Profit
580
-27.0%
Annualised Diluted Earnings Per Share (INR)
4.83
-27.0%
 
Srinivasan H.R., Vice-Chairman and Managing Director, TAKE Solutions said, “As outlined by the management at the start of FY14, the Life Sciences business has proven to be a high growth and rewarding domain. We will continue to focus on Life Sciences for the global market and confine Supply Chain to very profitable niches in the Middle East and US. We will strive to achieve sustainable growth and excellence in the Life Sciences space for years to come”.