5324402026-01-012026-03-315324402026-03-315324402025-03-315324402025-04-012026-03-315324402026-01-012026-03-31in-capmkt:OtherExpenses1Member5324402025-04-012026-03-31in-capmkt:OtherExpenses1Member5324402026-03-31OtherNoncurrentFinancialAssetsDomain15324402026-03-31OtherNoncurrentFinancialAssetsDomain25324402026-03-31OtherNoncurrentAssetsDomain15324402026-03-31OtherCurrentFinancialAssetsDomain15324402026-03-31OtherCurrentAssetsDomain15324402026-03-31OtherNoncurrentFinancialLiabilitiesDomain15324402026-03-31OtherCurrentFinancialLiabilitiesDomain15324402026-03-31OtherCurrentLiabilitiesDomain15324402026-01-012026-03-31in-capmkt:ReportableSegments1Member5324402026-01-012026-03-31in-capmkt:ReportableSegments2Member5324402026-01-012026-03-31in-capmkt:ReportableSegments3Member5324402025-04-012026-03-31in-capmkt:ReportableSegments1Member5324402025-04-012026-03-31in-capmkt:ReportableSegments2Member5324402025-04-012026-03-31in-capmkt:ReportableSegments3Member5324402026-01-012026-03-31in-capmkt:ReportableSegments1Member5324402026-01-012026-03-31in-capmkt:ReportableSegments2Member5324402026-01-012026-03-31in-capmkt:ReportableSegments3Member5324402025-04-012026-03-31in-capmkt:ReportableSegments1Member5324402025-04-012026-03-31in-capmkt:ReportableSegments2Member5324402025-04-012026-03-31in-capmkt:ReportableSegments3Member5324402026-01-012026-03-31in-capmkt:ReportableSegments1Member5324402026-03-31in-capmkt:ReportableSegments1Member5324402026-01-012026-03-31in-capmkt:ReportableSegments2Member5324402026-03-31in-capmkt:ReportableSegments2Member5324402026-01-012026-03-31in-capmkt:ReportableSegments3Member5324402026-03-31in-capmkt:ReportableSegments3Member5324402026-01-012026-03-31in-capmkt:ReportableSegments1Member5324402026-03-31in-capmkt:ReportableSegments1Member5324402026-01-012026-03-31in-capmkt:ReportableSegments2Member5324402026-03-31in-capmkt:ReportableSegments2Member5324402026-01-012026-03-31in-capmkt:ReportableSegments3Member5324402026-03-31in-capmkt:ReportableSegments3Member5324402026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15324402025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15324402026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15324402025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15324402026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares532440MPSLTDNOTLISTEDINE943D01017MPS LimitedMain BoardEquity2025-04-012026-03-312026-05-152026-05-08INRLakhsQuarterlyFourth quarterMulti segment2026-05-1510:30:002026-05-1513:55:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated2051600000656000002117200000000829900000116000008360000054660000014717000006455000003600000649100000153100000256000001787000000470400000000047040000020100000067140000000001711000001027.7227.710027.7227.711. These results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards notified under section 133 of the 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 15 May 2026. The Statutory auditors of the Company have carried out the audit of the financial results for the year ended 31 March 2026 and an unmodified audit report has been issued. The same is available with Stock Exchanges and on the Company website www.mpslimited.com. <BR> 2. The consolidated financial results of MPS Limited and its subsidiaries collectively known as the Group are prepared in accordance with Ind AS 110 Consolidated Financial Statements as specified under the section 133 of the Companies Act 2013. <BR> 3. The figures for the three months ended 31 March 2026 and 31 March 2025 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. <BR> 5. The Board of Directors in their meeting held on 16 May 2025 had recommended a final dividend of INR 50 per equity share (face value of INR 10 per share) for the FY 2024 25 This was approved by the shareholders in the AGM held on 29 August 2025 and was remitted to the shareholders by 06 September 2025. <BR> 6. The Board of Directors of the company approved a draft Scheme of Amalgamation on 18 July 2025 under Sections 230 232 of the Companies Act 2013 for the merger of ADI BPO Services Limited the Holding Company post demerger of its Infrastructure management and investing business undertakings into MPS Limited. The No Objection from the designated Stock Exchange has since been received on 02 March 2026 Pursuant thereto the Scheme has been filed before the Honble National Company Law Tribunal Chennai Bench on 17 April 2026 and is presently awaiting hearing. <BR> 7. During the quarter ended 31 December 2025 MPS Interactive Systems Limited a material subsidiary of the Company has entered into a SSSHA on 10 October 2025 with Mr Rodney Charles Beach Investor an Australian resident and the Company. Pursuant to the SSSHA Mr Beach invested INR 874 lacs in equity shares of MPSi through preferential allotment The Group has recognized a corresponding liability for the future purchase of this minority stake in accordance with the SSSHA terms <BR> 8. On 09 February 2026 the Company has completed the acquisition of 100 percent stake held by the stockholders of Unbound Medicine Inc USA through MPS North America LLC a wholly owned subsidiary of the Company for a total consideration of USD 16.50 million subject to customary adjustments payable as per the terms of the Stock Purchase Agreement. This being a Business Combination thus based on the preliminary purchase price allocation to the various identifiable acquired assets and assumed liabilities the provisional goodwill of INR 12386 lacs has been recognized subject to working capital adjustment The acquisition by MPS North America LLC was funded through a combination of internal accruals and external borrowings of INR 4200 lacs. <BR> 9. Total exceptional items (net) for the year ended 31 March 2026 is INR 764 lacs gain being the sum of a to d below <BR> a. Restructuring cost of American Journal Experts business amounting to INR 209 Lacs for the year ended 31 March 2026. <BR> b. On 21 November 2025, the Government of India notified provisions of the Code on Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 collectively referred to as the Labour Codes Due to implementation of these codes the company has taken an incremental impact of gratuity of INR 524 lacs and long-term compensated absences of INR 178 lacs during the quarter ended 31 December 2025 The company continues to monitor the finalisation of central state rules and clarifications from the government on other aspects of the labour code and would provide appropriate accounting effect on the basis of such developments as needed. <BR> c. During the quarter ended 31 December 2025, MPSi completed the 100 percent acquisition of the Liberate Group comprising Liberate Learning Pty Ltd App eLearn Pty Ltd and Liberate eLearning Pty Ltd on 28 October 2025 Following completion the Liberate Group has become a wholly owned subsidiary of MPSi Further Mr Beach has assumed the role of President of Corporate learning segment. <BR> Pursuant to this the liability of INR 1325 lacs and INR 1573 lacs respectively was written back under Exceptional Items net for the quarter ended 30 September 2026 and year ended 31 March 2026. <BR> During the quarter ended 31 March 2026 the Group has tested the carrying amount of investments or Goodwill for impairment as at 31 March 2026 thereby recording an impairment loss on goodwill of INR 1293 lacs in the Consolidated financial results as an exceptional item for the quarter and year ended on 31 March 2026. The impairment reflects a reassessment of carrying value following the consolidation of the Liberate Group into the unified Liberate Global brand structure in April 2026. The underlying business continues to perform in line with the integration plan. <BR> d. During the quarter ended 31 March 2026 the company has written back INR 1395 lacs pursuant to change in policy with respect to write back of advances from customer in AJEBusiness to align with the market conditions/competition and pursuant to the change in the commercial terms with the customers. <BR> e. During the quarter ended 31 March 2025 Exceptional Items includes write back of contingent consideration of INR 591 lacs payable as the remaining amount for purchase of 65 percent stake of Liberate Group as per the terms of the Share Purchase Agreement and other transaction documents dated 29 August 2023 and 31 August 2023 This had been written back basis assessment of the actual performance with the defined targets under SPA <BR> 10. Subsequent to the quarter ended 31 March 2026 the Nomination and Remuneration Committee of the Board at its meeting held on 04 May 2026 considered and approved the 5th grant of 79009 options to the eligible employees of the Company and its subsidiary under the MPS Limited Employee Stock Options Scheme 2023. <BR> 11. Subsequent to the quarter ended 31 March 2026 App eLearn Pty Ltd Australia a non material step down subsidiary of the Company with no active business operations was voluntarily deregistered strike off in accordance with the provisions of the Corporations Act 2001 Australia and other applicable laws of Australia. Consequently App-eLearn Pty Ltd has ceased to be a step-down subsidiary of the Company effective 13 May 2026. <BR> 12. The standalone financial results of the Company are also available on the Company website www.mpslimited.com. <BR> 13. The figures for the corresponding previous quarter or year have been regrouped or reclassified wherever necessary to make them comparable.2025-04-012026-03-31AuditedConsolidated76837000001558000007839500000000319950000020100000277700000212570000056230000002216500000764000002292900000569800000-9100000560700000017322000000000173220000029910000020313000000000171100000100102.11102.0600102.11102.06Other Expenses546600000Other Expenses21257000002358000000890000037632000001388600000210000000000839000008390000029890000025300000580670000002466000001334800000765500000179900000100000542000002581100000370000009943000003612400000009419100000171100000579220000059633000000596330000029750000000020640000050390000079000004444000000956200000105000000940000041710000042650000037950000091100000013429000001429000001028000000249960000000345580000094191000004 b. Assets and liabilities used in the Groups 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.Other Financial assets41300000Non-current Tax Assets42600000Other non-current assets25300000Other current financial assets54200000Other current assets994300000Other financial liabilities206400000Other current financial liabilities379500000Other current liabilities1342900000Research Solutions1195500000Education Solutions601300000Corporate Learning254800000Research Solutions4635100000Education Solutions2089000000Corporate Learning9596000002051600000768370000020516000007683700000Research Solutions455200000Education Solutions209800000Corporate Learning49000000Research Solutions1702400000Education Solutions772100000Corporate Learning11310000071400000025876000001160000020100000533000002746000006491000002292900000Research Solutions0Education Solutions0Corporate Learning0000Research Solutions0Education Solutions0Corporate Learning00004 a. Based on the management approach as defined in Ind AS 108 Operating Segments the Chief Operating Decision Maker evaluates the Groups 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 results are consistently applied to record revenue and expenditure in individual segments.201000000-1175000000-27700000136000000-3280000005500000090200000027770000001570000005890000001900000001260000011600000-234000000-352850000-12141500001416000002434500000000466600000019679000000000000030000077400000000520000002100000000000000000140000000-1258300000-13287000000000000042000000017500000358000008669000001800000003000000-5152000001240000007400000131400000634100000765500000Re-measurement gain/loss on defined benefit plans96000009600000Re-measurement gain/loss on defined benefit plans126000001260000025000003200000Exchange differences on translation of foreign operations193900000193900000Exchange differences on translation of foreign operations28970000028970000000201000000299100000AuditedtrueWalker Chandiok & Co LLPtrue2028-05-31