MPS Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 27, 2016 at 04:24 am
Share
MPS Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company's net sales/income from operations was INR 689.8 million compared with INR 631.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 260.0 million compared with INR 243.2 million a year ago. Profit from ordinary activities before tax was INR 263.1 million compared with INR 259.5 million a year ago. Net profit was INR 170.2 million or INR 9.14 per basic and diluted share compared with INR 172.2 million or INR 10.24 per basic and diluted share a year ago. EBITDA was INR 269.3 million compared with INR 255.1 million a year ago.
For the nine months, on standalone basis, the company's net sales/income from operations was INR 1,920.6 million compared with INR 1,689.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 675.6 million compared with INR 627.4 million a year ago. Profit from ordinary activities before tax was INR 751.3 million compared with INR 742.2 million a year ago. Net profit was INR 489.3 million or INR 26.28 per basic and diluted share compared with INR 487.8 million or INR 29.00 per basic and diluted share a year ago. EBITDA was INR 721.2 million compared with INR 670.3 million a year ago.
For the quarter, on consolidated basis, the company's net sales/income from operations was INR 608.5 million compared with INR 566.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 255.3 million compared with INR 230.1 million a year ago. Profit from ordinary activities before tax was INR 258.2 million compared with INR 246.3 million a year ago. Net profit was INR 166.9 million or INR 8.96 per basic and diluted share compared with INR 165.4 million or INR 9.83 per basic and diluted share a year ago.
For the nine months, on consolidated basis, the company's net sales/income from operations was INR 1,690.1 million compared with INR 1,550.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 681.8 million compared with INR 599.7 million a year ago. Profit from ordinary activities before tax was INR 757.0 million compared with INR 714.1 million a year ago. Net profit was INR 493.3 million or INR 26.50 per basic and diluted share compared with INR 470.3 million or INR 27.96 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.