MPS Limited Q3FY26 Results: Revenue Grows 20% YoY with Board Approvals
MPS Limited announced Q3FY26 results showing consolidated revenue decline of 2.07% to ₹1,824.90 crores and net profit drop of 12.80% to ₹355 crores. The Board approved unaudited financial results, noted Ms. Yamini Tandon's resignation as Non-Executive Director, and reported exceptional items of ₹73.80 crores primarily due to new Labour Codes implementation.

*this image is generated using AI for illustrative purposes only.
MPS Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, showing consolidated revenue growth of 20% year-over-year. The Board of Directors, in their meeting held on February 02, 2026, approved the unaudited financial results and addressed several key corporate matters including a director resignation.
Q3FY26 Financial Performance
The company's consolidated financial results demonstrate mixed performance with revenue growth offset by margin pressures:
| Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Consolidated Revenue: | ₹1,824.90 crores | ₹1,863.60 crores | -2.07% |
| Consolidated Net Profit: | ₹355.00 crores | ₹407.10 crores | -12.80% |
| Basic EPS: | ₹20.93 | ₹24.00 | -12.79% |
| Diluted EPS: | ₹20.91 | ₹23.99 | -12.84% |
On a standalone basis, the company reported revenue from operations of ₹1,081.20 crores for Q3FY26 compared to ₹900.90 crores in the corresponding quarter of the previous year, representing a growth of 20.01%.
Segment-wise Performance
The company's business segments showed varied performance during the quarter:
| Segment: | Q3FY26 Revenue | Q3FY25 Revenue | Growth |
|---|---|---|---|
| Research Solutions: | ₹1,155.40 crores | ₹1,166.80 crores | -0.98% |
| Education Solutions: | ₹443.30 crores | ₹398.30 crores | +11.30% |
| Corporate Learning: | ₹226.20 crores | ₹298.50 crores | -24.22% |
Board Meeting Outcomes
The Board of Directors addressed several important matters during their meeting:
| Decision: | Details |
|---|---|
| Financial Results: | Approved Q3 and nine months unaudited results |
| Audit Report: | Noted limited review report from Walker Chandiok & Co LLP |
| Policy Amendment: | Approved amendment to insider trading code |
| Director Resignation: | Ms. Yamini Tandon resigned as Non-Executive Director |
Exceptional Items Impact
The company reported exceptional items of ₹73.80 crores (net) for Q3FY26, primarily related to the implementation of new Labour Codes notified by the Government of India on November 21, 2025. The incremental impact consisted of gratuity provisions of ₹52.40 crores and long-term compensated absences of ₹17.80 crores.
Corporate Developments
Ms. Yamini Tandon resigned from her position as Non-Executive Director with effect from February 02, 2026, due to personal reasons. Consequently, she also ceased to be Chairperson of the Stakeholders' Relationship Committee and Member of the Corporate Social Responsibility Committee and Risk Management Committee.
Nine Months Performance
For the nine months ended December 31, 2025, the company reported consolidated revenue of ₹5,632.10 crores compared to ₹5,447.80 crores in the corresponding period of the previous year, representing growth of 3.38%. Consolidated net profit for the nine months period stood at ₹1,261.80 crores compared to ₹1,018.40 crores in the previous year.
Historical Stock Returns for MPS
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.19% | +6.04% | -11.43% | -26.13% | -44.14% | +242.54% |


































