MPS Limited reported a 2.9% increase in consolidated revenue to ₹186.30 crore and a 40% rise in net profit to ₹35.00 crore for Q1. However, the core Research Solutions business declined. The company's Board approved a merger with ADI BPO Services Ltd and restructuring of its Swiss subsidiary, MPS Europa AG. Despite profit growth, shares fell 16.5% post-results due to underwhelming revenue growth.
MPS Limited's Q4 FY2023 results show impressive growth across key metrics. Net profit increased by 64.10% to ₹471.00 crore, while revenue grew 20.80% to ₹1,800.00 crore. EBITDA rose 30.90% to ₹560.00 crore, with EBITDA margin expanding to 30.76%. The company announced a substantial dividend of ₹50.00 per equity share, reflecting strong financial health and commitment to shareholder value.
24Feb 25
MPS Limited to Evaluate Fund Raising Options in Upcoming Board Meeting
MPS Limited has scheduled a board meeting for February 28, 2025, to evaluate various fund-raising proposals. The company is considering issuing equity shares, convertible preference shares, warrants, and qualified institutional placement (QIP). The trading window for the company's equity shares has been closed for designated persons and their immediate relatives until 48 hours after the meeting's outcome is disclosed.