OTHER GROUP COMPANIES

MPS Q1FY17 consolidated net profit declines 17% yoy to Rs.16.76 crore

The company’s consolidated revenue stood at Rs. 61.89 crore, up 2.55% yoy but down 5% qoq.

July 19, 2016 2:42 IST | India Infoline News Service
MPS Ltd, global leader of high-quality publishing solutions, reported consolidated net profit of Rs.16.76 crore for the quarter ended June 30, 2016, registering growth of 16.55% yoy, but decline of 24.88% qoq. The company’s revenue stood at Rs. 61.89 crore, up 2.55% yoy but down 5% qoq.

Its consolidated core operating profit of Rs. 21.88 crore for the quarter, declined by 4.91% yoy and 10.88% qoq. Operating profit margin for the current quarter at 35.35% contracted by 278 bps yoy and 233 bps qoq.

On standalone basis,MPS reported standalone net profit of Rs.15.16 crore for the quarter ended June 30, 2016, registering growth of 8.13% yoy, but decline of 28.49% qoq. The company’s standalone revenue stood at Rs. 50.70 crore, down 1.97% yoy and 7.87% qoq.

Its standalone core operating profit of Rs. 19.32 crore for the quarter, declined by 13.13% yoy and 14.66% qoq. Operating profit margin for the current quarter at 38.11% contracted by 489 bps yoy and 303 bps qoq.

Result Highlights: (Rs. in crore)

Reported Results yoy % qoq%
Consolidated Revenue 61.89 2.55 [5]
Consolidated Net Profit 16.76 16.55 [24.88]

Consolidated EPS for the quarter stood at Rs 9.00.

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