MPS Limited Limited Announces Audited Consolidated and Standalone Earnings Results for Fourth Quarter and Full Year Ended March 31, 2017
May 10, 2017 at 04:03 am EDT
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MPS Limited announced audited consolidated and standalone earnings results for fourth quarter and full year ended March 31, 2017. For the quarter, the company reported revenues from operations were INR 716.3 million against revenues from operations of INR 651.5 million a year ago. Profit from operations before exceptional items was INR 259.3 million against profit from operations before exceptional items of INR 300.2 million a year ago. Profit before tax was INR 218.2 million against profit before tax of INR 300.2 million a year ago. Net profit was INR 158.7 million against net profit of INR 223.1 million a year ago. Basic and diluted per share was INR 8.52 against basic and diluted per share of INR 11.98 a year ago.
For the full year, on consolidated basis the company reported revenues from operations were INR 2,887.0 million against revenues from operations of INR 2,572.1 million a year ago. Profit from operations before exceptional items was INR 1,064.3 million against profit from operations before exceptional items of INR 1,051.5 million a year ago. Profit before tax was INR 1,023.2 million against profit before tax of INR 1,051.5 million a year ago. Net profit was INR 699.6 million against net profit of INR 712.4 million a year ago. Basic and diluted per share was INR 37.58 against basic and diluted per share of INR 38.26 a year ago.
For the quarter, on standalone basis revenues from operations were INR 570.6 million against revenues from operations of INR 550.3 million a year ago. Profit from operations before exceptional items was INR 266.3 million against profit from operations before exceptional items of INR 281.8 million a year ago. Profit before tax was INR 266.3 million against profit before tax of INR 281.8 million a year ago. Net profit was INR 188.6 million against net profit of INR 212.0 million a year ago. Basic and diluted per share was INR 10.13 against basic and diluted per share of INR 11.39 a year ago.
For the full year, on standalone revenues from operations were INR 2,235.6 million against revenues from operations of INR 2,240.4 million a year ago. Profit from operations before exceptional items was INR 1,011.8 million against profit from operations before exceptional items of INR 1,038.8 million a year ago. Profit before tax was INR 1,011.8 million against profit before tax of INR 1,038.8 million a year ago. Net profit was INR 695.0 million against net profit of INR 705.3 million a year ago. Basic and diluted per share was INR 37.33 against basic and diluted per share of INR 37.88 a year ago.
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.