Mps Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
May 19, 2020 at 06:16 am EDT
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MPS Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 805.900 million compared to INR 1,024.400 million a year ago. Net income was INR 94.300 million compared to INR 226.000 million a year ago. Basic earnings per share was INR 5.07 compared to INR 12.14 a year ago. For the full year, total revenue was INR 3,516.300 million compared to INR 3,878.000 million a year ago. Net income was INR 598.600 million compared to INR 760.300 million a year ago. Basic earnings per share was INR 32.15 compared to INR 40.83 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.