MPSLTD2023-04-012023-06-30 MPSLTD2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member MPSLTD2023-06-30 MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member MPSLTD2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member MPSLTD2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member MPSLTD2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member MPSLTD2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member MPSLTD2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member MPSLTD2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532440 MPSLTD NA MPS Limited Equity 2023-04-01 2024-03-31 2023-08-01 2023-07-24 INR Lakhs First quarter 11:30:00 12:40:00 2023-08-01 2023-08-01 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 1325100000.00 33400000.00 1358500000.00 0.00 0.00 0.00 575700000.00 1700000.00 45400000.00 330100000.00 952900000.00 405600000.00 0.00 405600000.00 104600000.00 -2000000.00 102600000.00 0.00 303000000.00 0.00 0.00 0.00 0.00 303000000.00 -4100000.00 298900000.00 0.00 0.00 171100000.00 10 17.84 17.84 0.00 0.00 17.84 17.84 0.00 1. These results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards ('Ind AS') notified under section 133 of Companies Act, 2013. These results have been reviewed by the Audit Committee and upon their recommendation, approved by the Board of Directors at their meeting held on 01 August 2023. The Statutory auditors of the Company have carried out the limited review of the financial results for the quarter ended 30 June 2023 and an unmodified review report has been issued. The same is available with Stock Exchanges and on the Company’s website at www.mpslimited.com. 2.The consolidated financial results of MPS Limited (the Company), its subsidiaries (collectively known as “the Group”) are prepared in accordance with Accounting Standard (Ind AS-110) “Consolidated Financial Statements” as specified under the section 133 of the Companies Act, 2013. 3. The figures for the three months ended 31 March 2023 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to preceeding quarter of the relevant financial year which were subject to limited review. 5. During the Quarter ended 30 June 2023, the measurement period of goodwill for the acquired entity E.I Design Private Limited closed on 29 May, 2023 as per the applicable standard. There is no change in the recognised goodwill of INR 2,278 Lacs recorded in the previous year. The Regional Director, Chennai, MCA, vide order dated 06 June 2023 approved the Scheme of Amalgamation of E.I. Design Private Limited (“Transferor Company”) into and with MPS Interactive Systems Limited (“Transferee Company”). Pursuant to the same, both the Transferor Company and the Transferee Company filed e-form INC-28 with ROC, Chennai on 24 June 2023. Accordingly, the Transferor Company stands merged with the Transferee Company with effect from the appointed date i.e. 31 May 2022. Consequently, all the assets, liabilities and reserves have been recorded by applying the pooling of interest method in accordance with Appendix C of IND AS 103 'Business Combinations'. 6. The Nomination and Remuneration Committee at its meeting held on 11 April 2023, considered and approved the grant of 74,030 (Seventy Four Thousand and Thirty) options to the eligible employees of the Holding Company and its subsidiary under the ‘MPS Limited- Employee Stock Options Scheme 2023’. 7. During the Quarter ended 30 June, 2023, the shareholders vide postal ballot resolution dated 14 May 2023 approved the raising of funds through the issuance of equity shares of the Company ( Equity Shares ) or any other equity-linked securities of the Company or other securities convertible into or exchangeable for Equity Shares by way of Qualified Institutions Placement (“QIP”) in accordance with the provisions of Chapter VI of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018, as amended from time to time and other applicable laws, and/or any other permissible mode(s), in one or more of the tranches for an aggregate amount up to INR 250 Crores (Rupees Two Hundred and Fifty Crores Only), subject to necessary approvals and such other permissions, sanctions and statutory approvals, as may be required. Management is evaluating various options with respect to this QIP. 8.The Board of Directors, in their meeting held on 16 May 2023 recommended a final dividend of INR 20 (face value of INR 10 per share ) per equity share for the Financial Year 2022-23. This was approved by the shareholders in the Annual General Meeting held on 31 July 2023. 9. The standalone results of the Company are also available on the Company’s website www.mpslimited.com. 10.The figures for the corresponding previous quarter/year have been regrouped/ reclassified, wherever necessary to make them comparable. Other Expenses 330100000.00 Content Solutions 697900000.00 Platform solutions 303700000.00 eLearning solutions 323500000.00 1325100000.00 1325100000.00 Content Solutions 270900000.00 Platform solutions 136100000.00 eLearning solutions 51500000.00 458500000.00 1700000.00 51200000.00 4 (a). Based on the management approach as defined in Ind AS 108 Operating Segments, the Chief Operating Decision Maker ('CODM') evaluates the Group's performance and allocates resources based on an analysis of various performance indicators by business segments. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments. (b). Assets and liabilities used in the Group's business are not identified to any of the reportable segments, as these are used interchangeably between segments and the management believes that it is not practicable to provide segment disclosures relating to total assets and liabilities. 405600000.00 Content Solutions 0.00 Platform solutions 0.00 eLearning solutions 0.00 0.00 Content Solutions 0.00 Platform solutions 0.00 eLearning solutions 0.00 0.00 Re-measurement gain/(loss) on defined benefit plans -10000000.00 -10000000.00 -2500000.00 Exchange differences on translation of foreign operations 3400000.00 3400000.00 0.00