MPS has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported over 33.85% rise in its net profit at Rs 24.83 crore for the quarter under review as compared to Rs 18.55 crore for the same quarter in the previous year. Total income of the company increased by 15.77% at Rs 79.15 crore for Q4FY23 as compared to Rs 68.37 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 45.65% rise in its net profit at Rs 32.13 crore for fourth quarter ended March 31, 2023 as compared to Rs 22.06 crore for the same quarter in the previous year. Total income of the company increased by 14.40% at Rs 129.90 crore for Q4FY23 as compared to Rs 113.55 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 20.74% rise in its net profit at Rs 86.28 crore as compared to Rs 71.46 crore for the previous year. Total income of the company increased by 4.04% at Rs 307.13 crore for year under review as compared to Rs 295.21 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 25.33% rise in its net profit at Rs 109.19 crore as compared to Rs 87.12 crore for the previous year. Total income of the company increased by 10.55% at Rs 511.82 crore for year under review as compared to Rs 462.97 crore for year ended March 31, 2022.
