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MPS Ltd Q2FY24; 9% rise in Profits

MPS is a B2B learning and platform solutions company powering education, and research for corporates. MPS has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid growth in digital consumption, and the recent advances in AI/ML.

Financial Results:

  • MPS Ltd reported Revenues for Q2FY24 of ₹80.00 Crores up from ₹77.00 Crore year on year, a rise of 3.9%.
  • Total Expenses for Q2FY24 of ₹49.00 Crores up from ₹48.00 Crores year on year, a rise of 2.08%.
  • Consolidated Net Profit of ₹24.00 Crores up 9.09% from ₹22.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹14.14, up 8.77% from ₹13.00 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Learning
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