MPS Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 23, 2024 at 08:53 am
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MPS Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,338.1 million compared to INR 1,321.4 million a year ago. Revenue was INR 1,352.2 million compared to INR 1,355.6 million a year ago. Net income was INR 297.3 million compared to INR 295.7 million a year ago. Basic earnings per share from continuing operations was INR 17.53 compared to INR 17.28 a year ago. Diluted earnings per share from continuing operations was INR 17.53 compared to INR 17.28 a year ago.
For the nine months, sales was INR 3,958.9 million compared to INR 3,735.9 million a year ago. Revenue was INR 4,055.9 million compared to INR 3,819.2 million a year ago. Net income was INR 900.6 million compared to INR 770.6 million a year ago. Basic earnings per share from continuing operations was INR 53.08 compared to INR 45.05 a year ago. Diluted earnings per share from continuing operations was INR 53.02 compared to INR 45.05 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.