MPS Limited has informed the Exchange regarding Board meeting held on May 16, 2025.
MPSLTD · price
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MPS Limited's board approved audited financial results for Q4 and FY25, reporting standalone revenue of INR 9,371 lacs for the quarter (up ~13% YoY from INR 8,286 lacs) and INR 35,134 lacs for the full year (up ~7.3% YoY from INR 32,757 lacs). Standalone net profit rose to INR 2,742 lacs in Q4 (vs INR 2,560 lacs) and INR 11,000 lacs for FY25 (vs INR 10,644 lacs), with basic EPS of INR 64.86 for the year. The board recommended a final dividend of INR 50 per share, taking the total FY25 dividend to INR 83 per share (INR 50 final + INR 33 interim), compared with INR 45 for FY24. The board also approved the merger of two American Journal Experts entities into MPS North America LLC for operational efficiency, reconstituted the Nomination and Remuneration Committee, and appointed M/s. Sridharan & Sridharan Associates as secretarial auditors for five years. The 55th AGM is scheduled for 29 August 2025 via video conferencing, with the record date for the final dividend set at 13 August 2025.
The sharp jump in total dividend (from INR 45 to INR 83 per share, ~84% increase) reflects strong cash returns to shareholders, though modest profit growth and rising employee costs may cap near-term upside. The operational merger and committee reconstitution point to ongoing efforts to streamline costs and tighten governance.