MPS Limited has pleased its investors and declared an interim dividend of ₹33 per share. The board of the company has taken this decision for the financial year 2024-25. Dividend will be given to those investors whose names are registered in the company’s register by January 29, 2025. And the special thing is that this amount will come to your account before 21st February 2025.
Strong increase in profits and revenue
The company showed tremendous performance in its third quarter results. Profit jumped 36.93% year-on-year to ₹40.71 crore. Total revenue also increased by 39.27% to ₹186.36 crore.
Now talking about the segment, Content Solutions earned Rs 98.24 crore, which is an increase of 38.72%. Whereas, Platform Solutions contributed ₹53.28 crore with a bumper growth of 88.94%. E-learning Solutions was a bit quieter, but still earned ₹34.84 crore.
EBITDA i.e. operating profit increased by 35.17% to ₹60.34 crore, but margin declined slightly to 32.38%. Overall, the company has performed brilliantly.
The stock jumped
After this news, the enthusiasm of investors is increasing rapidly. The company’s shares jumped 14% to ₹2,284.65 during trading on January 23, 2025. At the time of writing, it was trading at ₹2,179, which is a gain of 8.91%.
The stock has given 11% return in the last 5 days. There has been a tremendous profit of 9% in 1 month, 7% in 6 months, and 45% in 1 year. If you had invested money in this stock 5 years ago, you would have got an excellent return of 353.22% till now.
The company’s glory remains intact
MPS Limited is not only a leader in platform and content solutions, but is also a trusted partner for publishers and learning companies globally. The company’s headcount has increased by 9.84% to 3,046. This growth and dividend gift of the company make it a strong option for investors.