MPSLTD2023-07-012023-09-30 MPSLTD2023-07-012023-09-30 MPSLTD2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member MPSLTD2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member MPSLTD2023-09-30 MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member MPSLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member MPSLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member MPSLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member MPSLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member MPSLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member MPSLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member MPSLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member MPSLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member MPSLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member MPSLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532440 MPSLTD NOTLISTED MPS Limited Equity 2023-04-01 2024-03-31 2023-10-27 2023-10-18 INR Lakhs Half yearly 15:00:00 15:55:00 2023-10-27 2023-10-27 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 1295700000.00 49500000.00 1345200000.00 0.00 0.00 0.00 566300000.00 1600000.00 45600000.00 323800000.00 937300000.00 407900000.00 0.00 407900000.00 103400000.00 4200000.00 107600000.00 0.00 300300000.00 0.00 0.00 0.00 0.00 300300000.00 14700000.00 315000000.00 0.00 0.00 171100000.00 10 17.70 17.70 0.00 0.00 17.70 17.70 Notes: 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 27 October 2023. The Statutory auditors of the Company have carried out the limited review of the financial results for the quarter and half year ended 30 September 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. 4. On 31 August 2023, the Company has acquired 65% of the shares held by the shareholders of each entity of Liberate Group i.e. Liberate Learning Pty Ltd (Australia), Liberate eLearning Pty Ltd (Australia), App-eLearn Pty Ltd (Australia), and Liberate Learning Limited (New Zealand) through MPS Interactive Systems Limited, a wholly owned subsidiary of the Company for a consideration of INR 50 crores (AUD 9.32 million) which is payable as per the terms of Share Purchase Agreement and other transaction documents. The remaining 35% shareholding of each of the entities of Liberate Group will be acquired in subsequent tranches based upon valuation methodology as agreed under the transaction documents. This being a Business Combination, thus based on the preliminary purchase price allocation to the various identifiable acquired assets and assumed liabilities, provisional goodwill of INR 41 crores has been recognized subject to working capital adjustment. The Company has granted loan of INR 20 crores to MPS Interactive Systems Limited to fund the acquisition cost. 5. Pursuant to MCA order dated 06 June approving merger of E.I. Design Private Limited (“Transferor Company”) into and with MPS Interactive Systems Limited (“Transferee Company”) with effect from the appointed date i.e. 31 May 2022, 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'. The results for the year ended 31 March 2023 have been adjusted to reflect the impact of such merger on the consolidated financial results. 6. The Board of Directors in their meeting held on 16 May 2023 recommended a final dividend of INR 20 per equity share (face value of INR 10 per share) for the financial year 2022-23. This was approved by the shareholders in the Annual General Meeting held on 31 July, 2023 and has been paid thereafter. 7. The Board of Directors in their meeting held on 27 October 2023, have declared an interim dividend of INR 30 per equity share (face value of INR 10 per share) each for the financial year 2023-24. 8. The standalone results of the Company are also available on the Company’s website www.mpslimited.com. 9. The figures for the corresponding previous quarter/period/year have been regrouped/ reclassified, wherever necessary to make them comparable. Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 2620800000.00 82900000.00 2703700000.00 0.00 0.00 0.00 1142000000.00 3300000.00 91000000.00 653900000.00 1890200000.00 813500000.00 0.00 813500000.00 208000000.00 2200000.00 210200000.00 0.00 603300000.00 0.00 0.00 0.00 0.00 603300000.00 10600000.00 613900000.00 0.00 0.00 171100000.00 10 35.55 35.55 0.00 0.00 35.55 35.55 Other Expenses 323800000.00 Other Expenses 653900000.00 196300000.00 0.00 9600000.00 1642400000.00 757500000.00 0.00 0.00 0.00 0.00 0.00 0.00 23200000.00 23200000.00 6600000.00 116100000.00 2751700000.00 0.00 210400000.00 908500000.00 1105300000.00 351600000.00 200000.00 130400000.00 2706400000.00 0.00 782700000.00 3489100000.00 0.00 0.00 6240800000.00 171100000.00 4349600000.00 4520700000.00 4520700000.00 0.00 0.00 265500000.00 265500000.00 6500000.00 333600000.00 0.00 0.00 605600000.00 0.00 146500000.00 173400000.00 319900000.00 679800000.00 23700000.00 91100000.00 0.00 1114500000.00 0.00 0.00 1720100000.00 6240800000.00 Notes: 3(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. Content Solutions 674900000.00 Platform Solutions 299200000.00 eLearning Solutions 321600000.00 Content Solutions 1372800000.00 Platform Solutions 602900000.00 eLearning Solutions 645100000.00 1295700000.00 2620800000.00 1295700000.00 2620800000.00 Content Solutions 253000000.00 Platform Solutions 146600000.00 eLearning Solutions 53600000.00 Content Solutions 523900000.00 Platform Solutions 282700000.00 eLearning Solutions 105100000.00 453200000.00 911700000.00 1600000.00 3300000.00 43700000.00 Notes: 3(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. 94900000.00 407900000.00 813500000.00 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 3300000.00 0.00 -15300000.00 0.00 600000.00 12300000.00 19500000.00 -58200000.00 0.00 -33400000.00 0.00 -153200000.00 0.00 91000000.00 0.00 10800000.00 0.00 -7800000.00 0.00 15200000.00 0.00 26500000.00 2600000.00 -5200000.00 0.00 -4100000.00 0.00 -8500000.00 0.00 -156900000.00 656600000.00 0.00 0.00 0.00 148900000.00 0.00 507700000.00 0.00 360500000.00 0.00 0.00 0.00 0.00 0.00 0.00 100000.00 36400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27100000.00 0.00 793200000.00 0.00 408500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24400000.00 339200000.00 0.00 0.00 -28000000.00 -391600000.00 524600000.00 600000.00 525200000.00 580100000.00 1105300000.00 4400000.00 -5600000.00 1100000.00 -1400000.00 -11400000.00 -14800000.00