MPS Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and First Half Ended Sep. 30, 2017
October 23, 2017 at 06:44 am EDT
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MPS Limited reported unaudited standalone and consolidated earnings results for the second quarter and first half ended Sep. 30, 2017. For the quarter, on standalone basis, the company reported revenue from operations net of INR 587.9 million compared to INR 571.4 million for the same period a year ago. Profit before exceptional items and profit before tax was INR 279.9 million compared to INR 305.4 million for the same period a year ago. Profit for the period was INR 180.1 million or INR 9.67 per basic and diluted share compared to INR 202.0 million or INR 10.85 per basic and diluted share for the same period a year ago.
For the first half, on standalone basis, the company reported revenue from operations net of INR 1,131.3 million compared to INR 1,078.4 million for the same period a year ago. Profit before exceptional items and profit before tax was INR 531.0 million compared to INR 511.0 million for the same period a year ago. Profit for the period was INR 361.3 million or INR 19.40 per basic and diluted share compared to INR 349.3 million or INR 18.76 per basic and diluted share for the same period a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations net of INR 686.7 million compared to INR 751.7 million for the same period a year ago. Profit before exceptional items and profit before tax was INR 264.7 million compared to INR 309.5 million for the same period a year ago. Profit for the period was INR 170.4 million or INR 9.15 per basic and diluted share compared to INR 204.0 million or INR 10.95 per basic and diluted share for the same period a year ago. EBITDA was INR 245.6 million against INR 236.8 million a year ago.
For the first half, on consolidated basis, the company reported revenue from operations net of INR 1,355.7 million compared to INR 1,370.6 million for the same period a year ago. Profit before exceptional items and profit before tax was INR 526.8 million compared to INR 542.3 million for the same period a year ago. Profit for the period was INR 374.9 million or INR 20.13 per basic and diluted share compared to INR 368.5 million or INR 19.79 per basic and diluted share for the same period a year ago. EBITDA was INR 458.3 million against INR 452.0 million 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.
MPS LIMITED 
