MPS Limited , a leading provider of content, technology, and solutions, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a robust financial performance for the second quarter, with a significant 57% year-over-year increase in net profit.

Key Financial Highlights

• Net Profit: MPS Limited's net profit for Q2 stood at ₹554.00 million, a substantial rise from ₹352.40 million in the same quarter of the previous year.
• Revenue: The company reported quarterly revenue of ₹1.90 billion, up from ₹1.70 billion in the same period last year.
• EBITDA: The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to ₹605.00 million from ₹535.00 million year-over-year.
• EBITDA Margin: MPS Limited demonstrated improved profitability with an EBITDA margin of 31.10%, up from 30.11% in the previous year.

Financial Performance Overview

The following table summarizes MPS Limited's key financial metrics for Q2:

Operational Highlights

MPS Limited operates through two main segments: Research Solutions and Education Solutions. The company's strong financial performance in Q2 reflects its ability to drive growth and improve operational efficiency across these segments.

Exceptional Items and Restructuring

During the period, MPS recognized exceptional items totaling ₹1,573.00 lakhs related to restructuring activities. These items include costs associated with the acquisition of the Liberate Group and American Journal Experts business restructuring.

Acquisition Update

MPS Limited's subsidiary, MPS Interactive Systems Limited, completed the 100% acquisition of the Liberate Group on October 28, 2025. This strategic move is expected to strengthen the company's position in the market and contribute to future growth.

Governance and Compliance

The Board of Directors approved the standalone and consolidated financial results at their meeting on November 12, 2025. Walker Chandiok & Co LLP conducted limited reviews of both standalone and consolidated results. The company's financial results include operations across multiple international subsidiaries and will be published in newspapers as per regulatory requirements.

Looking Ahead

As MPS Limited continues to demonstrate robust financial growth and undertake strategic initiatives like the Liberate Group acquisition, investors and industry observers may be keen to watch the company's future performance. The company's ability to sustain its growth trajectory in both revenue and profitability, while managing the integration of new acquisitions and ongoing restructuring efforts, may be crucial factors in its long-term success.

MPS Limited's strong Q2 results underscore its resilience and adaptability in a dynamic market environment. The company's focus on enhancing profitability while driving revenue growth and pursuing strategic acquisitions positions it well for continued success in the content and technology solutions industry.

MPS Interactive Systems Limited (MPSi), a material subsidiary of MPS Limited, has finalized the acquisition of the Liberate Group, marking a significant expansion in its global learning solutions offerings. This strategic move strengthens MPSi's foothold in the Asia-Pacific region and enhances its capabilities in the corporate learning sector.

Acquisition Details

MPSi has completed the purchase of the remaining stakes in the Liberate Group companies:

The acquisition was executed through cash transactions, with the additional shares acquired at the following prices:

Strategic Implications

This acquisition aligns with MPSi's growth strategy in several key areas:

1. Market Expansion: Strengthens MPSi's presence in the high-growth APAC markets.
2. Service Portfolio: Enhances MPSi's capabilities in digital and blended learning solutions.
3. Client Base: Provides access to Liberate Group's diverse blue-chip customer base in Australia.
4. Technological Advancement: Incorporates Liberate's expertise in immersive technologies like VR and 360° simulations.

Financial Performance

The Liberate Group has demonstrated consistent financial performance over the past three years:

Management Perspective

Rahul Arora, Chairman and CEO of MPS Limited, commented on the acquisition: "The corporate learning sector is one of our most dynamic growth areas. The completion of the 100% acquisition of the Liberate Group further aligns with our strategic objective to expand our global footprint and deliver comprehensive, technology-enabled learning solutions to clients worldwide."

About Liberate Group

Established in 2010, the Liberate Group is a leading provider of digital and blended learning solutions in Australia. The group offers a range of services including:

• Learning consulting
• Content development
• Immersive technologies (VR, 360° simulations, gamification)
• Video animation
• Deployment of scalable digital learning platforms

With this acquisition, MPSi is positioned to leverage Liberate Group's expertise and client relationships to accelerate its growth in the APAC region and beyond.

Conclusion

The complete acquisition of the Liberate Group by MPS Interactive Systems Limited represents a significant step in the company's strategic expansion. By gaining full control of Liberate's operations, MPSi aims to strengthen its global learning solutions portfolio and deepen its presence across the Asia-Pacific region, potentially leading to enhanced market share and innovative offerings in the corporate learning sector.