MPS Limited Report Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2016
May 17, 2016 at 04:34 am EDT
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MPS Limited reported audited consolidated and standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, on consolidated basis, the company reported total income from operations of INR 651.5 million, profit from operations before other income, finance costs and exceptional items of INR 234.1 million, profit from ordinary activities before tax of INR 300.2 million, net profit of INR 223.1 million or INR 11.98 per basic and diluted share against total income from operations of INR 549.4 million, profit from operations before other income, finance costs and exceptional items of INR 185.0 million, profit from ordinary activities before tax of INR 188.8 million, net profit of INR 126.6 million or INR 7.41 per basic and diluted share a year ago.
For the year, on consolidated basis, the company reported total income from operations of INR 2,572.1 million, profit from operations before other income, finance costs and exceptional items of INR 909.7 million, profit from ordinary activities before tax of INR 1,051.5 million, net profit of INR 712.4 million or INR 38.26 per basic and diluted share against total income from operations of INR 2,238.7 million, profit from operations before other income, finance costs and exceptional items of INR 812.4 million, profit from ordinary activities before tax of INR 931 million, net profit of INR 614.4 million or INR 36.38 per basic and diluted share a year ago.
For the quarter, on standalone basis, the company reported total income from operations of INR 550.3 million, profit from operations before other income, finance costs and exceptional items of INR 215.5 million, profit from ordinary activities before tax of INR 281.8 million, net profit of INR 212.0 million or INR 11.39 per basic and diluted share against total income from operations of INR 481.6 million, profit from operations before other income, finance costs and exceptional items of INR 170.5 million, profit from ordinary activities before tax of INR 173.4 million, net profit of INR 116.7 million or INR 6.83 per basic and diluted share a year ago.
For the year, on standalone basis, the company reported total income from operations of INR 2,240.4 million, profit from operations before other income, finance costs and exceptional items of INR 897.3 million, profit from ordinary activities before tax of INR 1,038.8 million, net profit of INR 705.3 million or INR 37.88 per basic and diluted share against total income from operations of INR 2,031.7 million, profit from operations before other income, finance costs and exceptional items of INR 770.2 million, profit from ordinary activities before tax of INR 887.5 million, net profit of INR 587 million or INR 34.76 per basic and diluted share 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.