MPS Ltd share Price Today

Publishing company MPS announced Q4FY23 results:

• On a consolidated basis, revenue for the quarter was Rs 127.5 crores on Reported terms and Rs 127.9 crores on FX-Adjusted terms. Q4 FY23 revenues were up 16.5% YoY on Reported terms and 15.7% YoY on FX Adjusted terms.
• The EBITDA for the Q4FY23 was 45.6 crores (up by 44.4% YoY). The EBITDA Margin was at 35.8% (up from 28.9% in the same quarter last Financial Year).
• The PAT for the quarter was Rs 32.1 crores (up by 45.6% YoY).
• EPS was at Rs 18.83 (up 49.6% YoY).

Speaking on the performance, Rahul Arora, Chairman and CEO at MPS Limited, said, "MPS achieved a new milestone with FX-Adjusted Revenues at INR 500 crores in FY23. We also surpassed our publicly stated goal of INR 100 crores in PAT and ended much ahead at INR 109 crores in FY23. On a quarterly basis, Q4 was better than expected, and the solid results were an excellent way to wrap up an impressive FY23. Fx-Adjusted Revenues were higher by as much as 15.7% in Q4 FY23 YoY. PBT grew even faster at ~41% YoY in Q4 FY23. A five-pronged approach powers the recent momentum at MPS, referred to as "Going Gestalt," launched in 2021. "Going Gestalt" includes a revised Go-To-Market (GTM) strategy, a stronger emphasis on unlocking the potential of our 700 customer base, relentless pursuit of new customers, consistent investment in and launch of new capabilities, and an updated inorganic playbook. Our focus now is on supercharging "Going Gestalt." We are diligently marching toward our projected revenue goal of INR 1,500 crores at similar margins in FY28."

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