{"id":179330,"date":"2026-02-03T07:15:05","date_gmt":"2026-02-03T12:15:05","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179330"},"modified":"2026-02-03T07:15:07","modified_gmt":"2026-02-03T12:15:07","slug":"mps-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mps-q3-fy26-earnings-results\/","title":{"rendered":"MPS Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations:<\/strong> \u20b9182.49 cr, -2.08% YoY, -6.15% QoQ, slight decline driven by seasonal patterns and other income fluctuations. <\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> \u20b957.58 cr; <strong>EBITDA Margin:<\/strong> ~31.55%, healthy operating profitability despite revenue dip.<\/li>\n\n\n\n<li><strong>PAT:<\/strong> \u20b935.50 cr, -12.80% YoY, -35.97% QoQ; margin compressed to 19.45% due to higher effective tax rate and lower other income. <\/li>\n\n\n\n<li><strong>Other key metrics:<\/strong> Reported revenue includes adjustment items (AJE); excluding AJE, core revenue grew 6.48% YoY to \u20b915,359 lakh and core EBITDA margin improved to 32.42%. Debt-free balance sheet with \u20b9143 cr cash &amp; equivalents as of Dec 31 2025. <\/li>\n<\/ul>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Management commentary:<\/strong> Earnings presentation highlights<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/a6009c4a-1079-4f0d-96f6-c58479860452.pdf\" target=\"_blank\" rel=\"noopener\"> operational resilience<\/a> despite transitional challenges and margin pressure due to tax normalization and seasonal demand softness. Management emphasised disciplined cost control and focus on core business growth.<\/li>\n\n\n\n<li><strong>Strategic moves:<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Acquisition:<\/strong> Approved acquisition of Unbound Medicine (USD 16.5 M) via MPS NA to bolster global footprint.<\/li>\n\n\n\n<li><strong>Segment strategy:<\/strong> Research Solutions remains dominant (~63.3% of revenue) while Education Solutions showed strong expansion; Corporate Learning undergoing restructuring to improve future returns. <\/li>\n\n\n\n<li><strong>Balance sheet:<\/strong> Maintains robust, debt-free financials with strong cash position. <\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations:<\/strong> \u20b9194.44 cr, +9.42% YoY, +4.38% QoQ, moderate double-digit growth.<\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> ~\u20b960.47 cr; <strong>EBITDA Margin:<\/strong> ~31.10%, expanded ~410 bps QoQ. <\/li>\n\n\n\n<li><strong>PAT:<\/strong> \u20b955.44 cr, +57.32% YoY, +57.32% QoQ; EPS: ~\u20b932.64. <\/li>\n\n\n\n<li><strong>Other key metrics:<\/strong> PBT ~\u20b969.17 cr (+43.9% YoY); margin expansion driven by disciplined cost control and lower tax rates. <\/li>\n<\/ul>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Performance commentary:<\/strong> Management highlighted strong profitability drive with significant YoY and QoQ PAT growth due to operational leverage, especially in Research and Education segments. <\/li>\n\n\n\n<li><strong>Operational highlights:<\/strong> Exceptional items related to restructuring and the completed acquisition of <strong>Liberate Group<\/strong> were noted; company emphasized integration while managing cost efficiency. <\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. Q3 FY26 Earnings Results Management Commentary &amp; Strategic Decisions Q2 FY26 Earnings Results [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,8],"tags":[14391],"class_list":["post-179330","post","type-post","status-publish","format-standard","hentry","category-infographics","category-technology-stocks","tag-platform-solutions"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171072,"url":"https:\/\/alphastreet.com\/india\/mps-q1-fy26-earnings-results\/","url_meta":{"origin":179330,"position":0},"title":"MPS Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 9, 2025","format":false,"excerpt":"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. Presenting below are its Q1 FY26 earnings results.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"MPS Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178541,"url":"https:\/\/alphastreet.com\/india\/swiggy-q3-fy26-earnings-results\/","url_meta":{"origin":179330,"position":1},"title":"Swiggy Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 30, 2026","format":false,"excerpt":"Founded in 2014, Swiggy Ltd is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app. Q3 FY26 Earnings Results Revenue from Operations: \u20b96,148 cr, +54% YoY vs \u20b93,993 cr, +10.6% QoQ vs \u20b95,561 cr; food delivery \u20b92,041 cr (+25% YoY), quick commerce (Instamart)\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179531,"url":"https:\/\/alphastreet.com\/india\/sheela-foam-q3-fy26-earnings-results\/","url_meta":{"origin":179330,"position":2},"title":"Sheela Foam Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 4, 2026","format":false,"excerpt":"Sheela Foam Limited is a leading player in India\u2019s mattress and foam products industry and a leader in Polyurethane (PU) Foam. 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