EBITDA stood at Rs 45.64 crore in Q4 FY23, registering the growth of 44.4% as compared with Rs 31.61 crore posted in corresponding quarter last year. EBITDA margin was at 35.81% in Q4 FY23 as against 28.89% in Q4 FY22.

Revenue from content solutions stood at Rs 65.52 crore (up 9.04% YoY), e-learning solutions was at Rs 32.54 crore (up 57.66% YoY), Platform solutions was at Rs 29.40 crore (up 2.51% YoY) in Q4 FY23.

Total headcount increased by 168 to 2,773 at the end of the quarter.

On full year basis, the company's consolidated net profit jumped 25.33% to Rs 109.19 crore on 11.62% rise in revenue from operations to Rs 501.05 crore in FY23 over FY22.

Rahul Arora, chairman and chief executive officer (CEO) at MPS, said, “On a quarterly basis, Q4 was better than expected, and the solid results were an excellent way to wrap up an impressive FY23. A five-pronged approach powers the recent momentum at MPS, referred to as Going Gestalt launched in 2021. Going Gestalt includes a revised go-to-market (GTM) strategy, a stronger emphasis on unlocking the potential of our more than 700 customer base, relentless pursuit of new customers, consistent investment in and launch of new capabilities, and an updated inorganic playbook our focus now is on supercharging Going Gestalt. We are diligently marching toward our projected revenue goal of Rs 1,500 crore at similar margins in FY28.”

The board has recommended a dividend of Rs 20 per equity share for FY23, subject to approval of shareholders.

MPS provides platforms and services for content creation, full-service production, and distribution to the world's leading publishers, learning companies, corporate institutions, libraries, and content aggregators.