MPS Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
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MPS Limited's Board approved audited financial results for Q4 and FY25 (both standalone and consolidated) with an unmodified auditor opinion from Walker Chandiok & Co LLP. On a standalone basis, revenue from operations grew about 7.3% year-on-year to INR 35,134 lakhs in FY25, while net profit rose to INR 11,000 lakhs (FY24: INR 10,644 lakhs) and basic EPS climbed to INR 64.86 (FY24: INR 62.75); Q4 revenue came in at INR 9,371 lakhs, up roughly 13% year-on-year. The Board recommended a final dividend of INR 50 per share (face value INR 10), taking the total FY25 dividend to INR 83 per share (alongside the interim dividend of INR 33 per share). The 55th AGM has been scheduled for August 29, 2025 via video conferencing, with the record date set as August 13, 2025. Other approvals include the merger of two step-down US subsidiaries (American Journal Experts LLC, North Carolina and Delaware) into MPS North America LLC, the appointment of Sridharan & Sridharan Associates as secretarial auditors for five years, and the reconstitution of the Nomination and Remuneration Committee.
Shareholders get a healthy total dividend payout of INR 83 per share for FY25, up from INR 45 final dividend in FY24, reflecting strong cash generation and rewarding shareholders. Steady profit growth and the subsidiary consolidation should support better operating efficiency, while a potential QIP of up to INR 300 crores (approved earlier via postal ballot) may lead to equity dilution in the near term.