MPS Limited , a leading provider of content, learning, and platform solutions, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth and improved profitability.

Financial Highlights

MPS Limited achieved a revenue of INR 194.44 crores in Q2 FY26, marking a 9.42% year-on-year increase. The company's EBITDA saw a substantial improvement of 13.03%, reaching INR 60.47 crores, with margins expanding to 31.10%. This performance underscores the company's ability to drive growth while enhancing operational efficiency.

Key Performance Metrics

The company's profit before tax (PBT) rose sharply by 43.92%, aided by operational efficiency gains and a net exceptional income of INR 12.81 crores. Earnings per share (EPS) stood at INR 32.67, representing a significant increase of 57.30% year-on-year.

Strategic Developments

MPS Limited has completed the acquisition of the remaining 35% stake in the Liberate Group, consolidating its corporate learning operations under MPS Interactive. This move is expected to strengthen the company's position in the corporate learning segment and create synergies across its business units.

Financial Position

The company continues to maintain a strong financial position, remaining debt-free with total cash and cash equivalents of INR 117 crores as of September 30, 2025. This robust liquidity provides MPS Limited with the flexibility to pursue growth opportunities and invest in strategic initiatives.

Segment Performance

Research Solutions

The Research Solutions segment continues to be a key driver of growth, contributing approximately 61.5% of the total revenue in Q2 FY26. This segment achieved an impressive 18.32% year-on-year organic growth, excluding AJE (American Journal Experts), reflecting deep engagement with key accounts and successful new customer acquisition.

Education Practice

The Education Practice also demonstrated strong performance, with revenue growing by 52.4% and EBITDA margin expanding from 28.8% to 35.6% year-over-year.

Future Outlook

While the company has not provided specific guidance for the upcoming quarters, management remains confident in the company's growth trajectory. The focus continues to be on leveraging AI-powered workflows, expanding the customer base, and driving operational efficiencies across all business segments.

MPS Limited's strong Q2 FY26 results reflect its resilient business model and effective execution of strategic initiatives. The company's ability to expand margins while driving revenue growth positions it well for continued success in the evolving content and learning solutions market.

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.