MPS Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
January 29, 2015 at 04:25 am
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MPS Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter on standalone basis, the company reported net sales of INR 566.6 million compared to INR 540.4 million reported a year ago. Profit from operations before other income, finance costs and exceptional items was INR 230.1 million compared to INR 234.3 million reported a year ago. Profit from ordinary activities before tax was INR 246.3 million compared to INR 248.2 million reported a year ago. Net profit was INR 165.4 million or INR 9.83 per basic and diluted share before and after extraordinary items compared to net profit of INR 162.7 million or INR 9.67 per basic and diluted share before and after extraordinary items reported a year ago.
For the nine months on standalone basis, the company reported net sales of INR 1,550.1 million compared to INR 1,415.5 million reported a year ago. Profit from operations before other income, finance costs and exceptional items was INR 599.7 million compared to INR 436.9 million reported a year ago. Profit from ordinary activities before tax was INR 714.1 million compared to INR 482.1 million reported a year ago. Net profit was INR 470.3 million or INR 27.96 per basic and diluted share before and after extraordinary items compared to net profit of INR 317.9 million or INR 18.90 per basic and diluted share before and after extraordinary items reported a year ago.
For the quarter on consolidated basis, the company reported net sales of INR 631.7 million compared to INR 563.2 million reported a year ago. Profit from operations before other income, finance costs and exceptional items was INR 243.2 million compared to INR 230.1 million reported a year ago. Profit from ordinary activities before tax was INR 259.5 million compared to INR 244.0 million reported a year ago. Net profit was INR 172.2 million or INR 10.24 per basic and diluted share before and after extraordinary items compared to net profit of INR 158.5 million or INR 9.42 per basic and diluted share before and after extraordinary items reported a year ago.
For the nine months on consolidated basis, the company reported net sales of INR 1,689.3 million compared to INR 1,451.4 million reported a year ago. Profit from operations before other income, finance costs and exceptional items was INR 627.4 million compared to INR 409.9 million reported a year ago. Profit from ordinary activities before tax was INR 742.2 million compared to INR 455.1 million reported a year ago. Net profit was INR 487.8 million or INR 29.00 per basic and diluted share before and after extraordinary items compared to net profit of INR 290.9 million or INR 17.29 per basic and diluted share before and after extraordinary items reported 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.