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ONE POINT ONE SOLUTIONS LIMITED — Earnings Release 2024
May 16, 2024
62376_rns_2024-05-16_7161b97a-06b7-49cf-ad4f-16d81542ed51.pdf
Earnings Release
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To, The Manager Listing Department,
Date: 16[th] May 2024
National Stock Exchange of India Ltd
Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
SECURITY CODE : ONEPOINT
Sub : Revised Press Release on audited financial statements for the quarter and year ended 31[st] March 2024.
REF: Regulation 30 (Disclosure of event or information) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith-revised Press Release on audited Financial Statements of the Company for the quarter and years ended 31[st] March 2023.
This is for your information and records.
Thanking you, Yours faithfully,
For One Point one solutions Limited
PRITESH Digitally signed by PRITESH SANJAY SANJAY SONAWANE SONAWANE Date: 2024.05.16 11:43:13 +05'30'
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Pritesh Sonawane
Company Secretary and Compliance officer Encl: As above
ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in
Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703. Mumbai. Gurgaon. Indore. Bangalore
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NSE: INE840Y01029 SECTOR: BPO/ITES - ANNUAL EARNINGS RELEASE | Q4FY24
Indian IT Major One Point One Solutions Limited ends FY2023-24 on a high; record 37.62% revenue growth for Q4FY24 and best-ever operational performance and improved profitability
Mumbai, May 15[th] 2024: 1Point1, the country’s leading Business Process Management Solutions company, Announced Q4 FY24 results today for the period ending March 31[st] , 2024.
Financial Performance
Highlights of FY24 v/s FY23
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Revenue Growth EBITDA Growth PBT Growth PAT Growth EPS Growth
21.44% 52.95% 136.03% 143.5% 125.53%
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Highlights of Q4 FY24 v/s Q4 FY23
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Revenue Growth EBITDA Growth PBT Growth PAT Growth EPS Growth
37.62% 33.19% 88.84% 125.76% 93.75%
Performance Q4 FY24 Q4 FY23 FY24 FY23
Indicators
Revenue 53.29 38.72 175.16 144.23
EBITDA 15.53 11.66 56.76 37.11
Profit Before Tax 8.97 4.75 30.26 12.82
Profit After Tax 6.66 2.95 21.38 8.78
EPS 0.31 0.16 1.06 0.47
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All values are in INR Cr.
Key Business Updates
1. ITCube Pvt Ltd. Acquisition on 22[nd] Feb’24
2. Performance Management driven by Gamification to drive productivity
3. Infusion of GenAI, RPA and Intelligent Automation to enhance operational efficiency and throughput
4. Additional of new accounts with better margin
5. Existing Account mining to broaden service offering
ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705.
T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in
Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703. Mumbai. Gurgaon. Indore. Bangalore
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NSE: INE840Y01029 SECTOR: BPO/ITES - ANNUAL EARNINGS RELEASE | Q4FY24
Audited results for the quarter and twelve months ended March 31, 2024, are available in the Investor Relations section of our website https://www.1point1.com/investor-information/
Quote from Management
Commenting on the Results, Mr. Akshay Chhabra, Managing Director said, “We are delighted to declare one of the best years in terms of numbers. Our efforts in doing business transformation using Gen AI and RPA is finally paying off. We have done our first acquisition this year to strengthen our base in the North America market. This will help us expand our American business at a better pace. IT cube also adds to our verticals in healthcare, F&A and IT software development thus making us a full stack player.
About One Point One Solutions
One Point One Solutions is a full-stack player in BPO, KPO, IT Services, Technology & Transformation and Analytics. The company was incorporated in the year 2006 and offers comprehensive solutions in technology, accounting, skill development and analysis. In 2024, the company acquired a major stake in ITCube Solutions Pvt Ltd., which is an IT +BPM/KPO services company; headquartered in Pune and Cincinnati, Ohio. ITCube is a leading provider of technology solutions specializing in intellectual property protection, AI-driven automation, and business process optimsation. With over two decades of experience, ITCube has a robust presence in the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore & Australia serving clients across sectors.
Contact Details
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One Point One Solutions Investor & Media
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| Pritesh Sonawane Company Secretary & Compliance Officer Tel : +91 8655150350 [email protected] |
Abhishek Savant Veritas Reputation PR Pvt Ltd. Tel: +91 8108848822 [email protected] |
Aryan Rana Veritas Reputation PR Pvt Ltd. Tel: +91 9082348296 [email protected] |
ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703. Mumbai. Gurgaon. Indore. Bangalore