MPS Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 16, 2023 at 12:14 am EDT
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MPS Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,274.6 million compared to INR 1,094.1 million a year ago. Revenue was INR 1,299 million compared to INR 1,135.5 million a year ago. Net income was INR 321.3 million compared to INR 220.6 million a year ago. Basic earnings per share from continuing operations was INR 18.83 compared to INR 12.59 a year ago.
For the full year, sales was INR 5,010.5 million compared to INR 4,488.8 million a year ago. Revenue was INR 5,118.2 million compared to INR 4,629.7 million a year ago. Net income was INR 1,091.9 million compared to INR 871.2 million a year ago. Basic earnings per share from continuing operations was INR 63.87 compared to INR 48.61 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.