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MPS reports 10% rise in Q2 consolidated net profit

MPS has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 8.55 % in its net profit of Rs 19.55 crore for the quarter under review as compared to Rs 18.01 crore for the same quarter in the previous year. Total income of the company increased marginally by 0.55% at Rs 64.03 crore for Q2FY19 as compared Rs 63.68 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 9.57% in its net profit of Rs 18.67 crore for the quarter under review as compared to Rs 17.04 crore for the same quarter in the previous year. Total income of the company increased by 42.01% at Rs 104.46 crore for Q2FY19 as compared Rs 73.56 crore for the corresponding quarter previous year.

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