MPS Limited Announces Unaudited Consolidated and Standalone Earnings Results for the First Quarter Ended June 30, 2017
July 21, 2017 at 08:46 am EDT
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MPS Limited announced unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2017. For the quarter, on consolidated basis, the company reported total income from operations of INR 669.0 million against INR 618.9 million for the same period in the last year. Net profit for the period before tax and exceptional items was INR 262.1 million against INR 232.8 million for the same period in the last year. Net profit for the period before tax after exceptional items was INR 262.1 million against INR 232.8 million for the same period in the last year. Net profit for the period after tax and exceptional items was INR 204.5 million against INR 164.5 million for the same period in the last year. Basic and diluted share was INR 10.98 against INR 8.83 for the same period in the last year.
For the quarter, on standalone basis, the company reported total income from operations of INR 543.4 million against INR 507.0 million for the same period in the last year. Net profit for the period before tax was INR 251.1 million against INR 205.5 million for the same period in the last year. Net profit for the period after tax was INR 181.2 million against INR 147.2 million for the same period in the last year.
MPS Limited is an India-based company, which is engaged in providing of platforms, content, and learning solutions for the digital world. The Company operates through two segments: Content solutions and Platform solutions. Its Content solutions segment is engaged in creating and developing content for print and digital delivery. It includes content authoring/development, content production, content transformation, fulfilment, and customer support services. Its Platform solutions segment is engaged in developing and implanting various software and technology services programs. The Companyâs platforms include DigiCore, MPSTrak, mag+, THINK360, ScholarStor, ScholarlyStats and MPSInsight. Its MPSTrak is a cloud-based production workflow and content management platform for all product types including books, journals, reference works, and all media. THINK360 is an end-to-end, cloud-based integrated platform that enhances the user's overall content management and delivery experience.