MPS Ltd

MPS Limited announced that MPS North America LLC, a subsidiary, has entered into a merger agreement with American Journal Experts, LLC, North Carolina, and American Journal Experts, LLC, Delaware. The first step of the merger, involving the merger of American Journal Experts, LLC, North Carolina, with and into American Journal Experts, LLC, Delaware, became effective August 1, 2026, with American Journal Experts, LLC, Delaware, continuing as the surviving entity. A second merger, involving American Journal Experts, LLC, Delaware, with and into MPS North America LLC, is planned for a date to be determined, with MPS North America LLC expected to be the final surviving entity.

MPS Limited announced the re-appointment of Karthik Bhat Khandige as an Independent Non-Executive Director for a second term of five years, commencing July 30, 2026, subject to shareholder approval. The company also disclosed the cessation of Ruvina Singh’s tenure as an Independent Non-Executive Director, effective July 30, 2026, along with changes to the composition of the Nomination and Remuneration Committee, Stakeholders’ Relationship Committee, and Corporate Social Responsibility Committee, including the appointment of Karthik Bhat Khandige as a member of the Nomination and Remuneration Committee and Divya Verma as its chairperson.

MPS Limited announced the re-appointment of Mr. Karthik Bhat Khandige as an Independent Non-Executive Director for a second five-year term, effective July 30, 2026, subject to shareholder approval, and the cessation of Ms. Ruvina Singh’s directorship, also effective July 30, 2026, due to the completion of her tenure. The company also reconstituted its Nomination and Remuneration Committee, appointing Mr. Karthik Bhat Khandige as a member and Ms. Divya Verma as chairperson, while changes were also made to the Stakeholders’ Relationship Committee and Corporate Social Responsibility Committee.

MPS Limited announced the re-appointment of Mr. Karthik Bhat Khandige as an Independent Non-Executive Director for a second five-year term, effective July 30, 2026, subject to shareholder approval, and the cessation of Ms. Ruvina Singh’s directorship, also effective July 30, 2026, due to the completion of her tenure. The company also reconstituted its Nomination and Remuneration Committee, appointing Mr. Karthik Bhat Khandige as a member and Ms. Divya Verma as chairperson, while changes were also made to the Stakeholders’ Relationship Committee and Corporate Social Responsibility Committee.

MPS announced that the 56th Annual General Meeting(AGM) of the company will be held on 4 September 2026.

Revenue from operations grew 20.38% YoY to Rs 224.24 crore, while profit before tax (PBT) rose 41.07% to Rs 69.83 crore during the quarter. The company's EBITDA jumped 53.03% to Rs 76.96 crore in Q1 FY27 from Rs 50.29 crore in Q1 FY26. Consequently, the EBITDA margin expanded to 34.32% from 27.00% a year ago. During the quarter, the company's headcount increased to 3,352 employees from 3,263 in the year-ago period. Segment-wise, research revenue rose 13.22% YoY to Rs 123.23 crore, while education revenue increased 42.21% to Rs 73.41 crore. Revenue from the corporate learning segment grew 6.89% YoY to Rs 27.60 crore. The research segment contributed 55% of total revenue during Q1 FY27, followed by education at 32.7% and corporate learning at 12.3%. Meanwhile, the company's board approved the incorporation of a wholly owned subsidiary (WOS) in Singapore to strengthen its international presence. It will invest of up to Rs 1 crore towards subscription to the share capital of the proposed WOS, in one or more tranches. In addition, the board approved the the appointment of Papinani Radha Rani, General Counsel of the company, as the chief risk officer (CRO) of the company with effect from 21 July 2026, in addition to her existing responsibilities. Meanwhile, Vijendra Narendra Kumar ceased to be the CRO from the same date and will continue in his role as Chief Technology Officer (CTO). MPS is a leading B2B provider of learning, content, and platform solutions for the global education and research sectors. The company offers a comprehensive range of services, including content development and production, editorial support, project management, creative design, digital conversion, technical services, peer review, licensing, hosting, and annual maintenance (AMC).Powered by Capital Market - Live

Net profit of MPS rose 42.99% to Rs 50.39 crore in the quarter ended June 2026 as against Rs 35.24 crore during the previous quarter ended June 2025. Sales rose 20.38% to Rs 224.24 crore in the quarter ended June 2026 as against Rs 186.28 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales224.24186.28 20 OPM %34.3227.00 - PBDT78.7457.14 38 PBT69.8350.13 39 NP50.3935.24 43 Powered by Capital Market - Live

MPS announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 22 August 2026.

MPS will hold a meeting of the Board of Directors of the Company on 21 July 2026.

MPS announced that Deepti Singh has tendered her resignation from the position of Chief People Officer and Senior Management Personnel of the Company, with effect from the close of business hours on 09 October 2026.