TAKE Solutions, a city-based Life Sciences service provider on Wednesday announced that it has acquired North America-based DataCeutics in a deal worth ₹318 crore.
The company said the acquisition as part of its 2021 growth strategy spearheads the growth of clinical business in accordance with the global clinical market. The company also announced its financial results for Q3 FY19 and it has recorded a 28 per cent growth in operating revenue to ₹522 crore as on December 2018.
Total income of the company rose by 28 per cent to ₹524 crore during the December quarter.
However, net profit fell by 13 per cent on a year-on-year basis to ₹36.4 crore.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.