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- One Global Service Provider Q1 Results Revenue ₹1,356.04 Lakhs & Operating Income ₹2.35 Crores
One Global Service Provider Q1 Results Revenue ₹1,356.04 Lakhs & Operating Income ₹2.35 Crores
One Global Service Provider Q1 Results shows they achieved ₹1,356.04 lakhs in total revenue, up 8.32% from last year and their operating income was ₹2.35 crores, while net income reached ₹1.76 crores.
by Ruksana
Updated Aug 27, 2024
Table of Content
One Global Service Provider Growth Comparison
One Global Service Provider Q1 Results: The Global Service Provider table shows the financial results for the first quarter ending in June 2024. Compared to the previous quarter (March 2023), the company's revenue increased significantly from 5.34 crores to 13.56 crores, but it is still down by 44.20% compared to the last quarter. Compared to the same quarter last year (June 2023), revenue grew by 8.32%.
One Global Service Provider’s Selling, general, and administrative expenses rose to 0.30 crores from 0.05 crores, an increase of 31.45% compared to the same quarter last year. Depreciation and amortization costs decreased from 0.07 crores to 0.04 crores, a drop of 26.03% compared to the previous quarter, and 25.26% compared to the same quarter last year.
One Global Service Provider’s other operating expenses went up to 1.15 crores from 0.72 crores, showing a big increase of 126.55% YoY. Total operating expenses stayed the same as the previous year but were higher compared to the last quarter. Operating income was 2.35 crores, up from 0.44 crores, reflecting strong growth compared to the same quarter last year, although it decreased by 55.92% from the previous quarter.
Net income followed a similar trend, showing significant growth YoY but a decrease QoQ. The diluted normalized earnings per share (EPS) also saw a sharp decrease QoQ but increased significantly YoY.
Here's a simple breakdown of the Q1 results for the Global Service Provider, comparing June 2024 with March 2023 and June 2023:
Metric |
Jun 24 |
Mar 23 |
QoQ Change |
Jun 23 |
YoY Change |
Total Revenue |
13.56 |
5.34 |
-44.20% |
12.52 |
+8.32% |
Selling/General/Admin Expenses Total |
0.30 |
0.05 |
-2.71% |
0.23 |
+31.45% |
Depreciation/Amortization |
0.04 |
0.07 |
-26.03% |
0.06 |
-25.26% |
Other Operating Expenses Total |
1.15 |
0.72 |
-0.55% |
0.51 |
+126.55% |
Total Operating Expense |
11.21 |
4.90 |
-40.91% |
11.21 |
0.00% |
Operating Income |
2.35 |
0.44 |
-55.92% |
1.31 |
+79.77% |
Net Income Before Taxes |
2.35 |
0.44 |
-55.92% |
1.31 |
+79.77% |
Net Income |
1.76 |
0.45 |
-55.76% |
0.98 |
+79.30% |
Diluted Normalized EPS |
2.47 |
0.62 |
-55.81% |
1.38 |
+78.99% |
Source: Here
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One Global Service Provider Q1 Results
Here's a simplified breakdown of the financial results for ONE GLOBAL SERVICE PROVIDER for the quarter ended June 30, 2024:
Particulars |
Quarter Ended 30/06/2024 |
Quarter Ended 30/06/2023 |
Year Ended 31/03/2024 |
Revenue from Operations |
1,356.04 |
1,251.87 |
6,301.11 |
Total Income |
1,356.04 |
1,251.87 |
6,301.11 |
Expenses |
|||
- Cost of materials consumed |
- |
- |
- |
- Purchase of Stock in Trade |
971.63 |
1,041.74 |
4,864.37 |
- Changes in Inventories |
- |
- |
- |
- Employees' Benefits Expenses |
30.18 |
22.96 |
129.96 |
- Finance Cost |
- |
- |
- |
- Depreciation and Amortisation |
4.29 |
5.74 |
23.26 |
- Other Expenses |
115.20 |
50.84 |
333.54 |
Total Expenses |
1,121.30 |
1,121.29 |
5,351.13 |
Profit Before Tax |
234.74 |
130.59 |
949.97 |
Tax Expenses |
|||
- Current Tax |
59.08 |
32.87 |
240.59 |
- Deferred Tax |
(0.16) |
(0.35) |
(1.50) |
Total Tax Expenses |
58.92 |
32.52 |
239.09 |
Profit for the Period |
175.82 |
98.07 |
710.88 |
Other Comprehensive Income |
- |
- |
- |
Total Comprehensive Income |
175.82 |
98.07 |
710.88 |
Paid-up Equity Share Capital |
710.47 |
710.47 |
710.47 |
Earnings Per Share |
|||
- Basic |
2.47 |
1.38 |
10.01 |
- Diluted |
2.47 |
1.38 |
10.01 |
The financial table for One Global Service Provider shows how the company performed in the quarter ending on June 30, 2024. For this period, the company earned 1,356.04 lakhs from its operations. This is the total income it made from its business activities. The company had various expenses, including 971.63 lakhs for buying stock and 30.18 lakhs for employee salaries. It also spent 4.29 lakhs on depreciation (which accounts for the wear and tear of its assets) and 115.20 lakhs on other costs. In total, its expenses amounted to 1,121.30 lakhs.
One Global Service Provider’s after covering these expenses, the company made a profit of 234.74 lakhs before taxes. It paid 59.08 lakhs in current taxes and had a small tax benefit of 0.16 lakhs from deferred taxes, which leads to total tax expenses of 58.92 lakhs. After paying taxes, the company's net profit for the quarter was 175.82 lakhs.
One Global Service Provider’s earnings per share for this period were 2.47 rupees, meaning each share earned this amount. Overall, the company’s performance for this quarter is shown to be strong compared to the previous quarters, reflecting a positive financial outcome.
One Global Service Provider Stock Performance
The "One Global Service Provider" table likely lists key details about a company that offers services worldwide. It includes financial metrics like market capitalization, which shows the company's total value, and the current stock price, indicating what investors are paying per share. The high and low values show the range of the stock price over time.
Here is a summary of the financial details provided:
Metric |
Value |
Market Cap |
₹ 88.7 Cr. |
Current Price |
₹ 125 |
High / Low |
₹ 169 / 36.5 |
Stock P/E |
11.2 |
Book Value |
₹ 20.3 |
Dividend Yield |
0.00 % |
ROCE |
84.9 % |
ROE |
65.6 % |
Face Value |
₹ 10.0 |
Quarterly Results
The table shows the financial results of One Global Service Provider for three quarters: December 2023, March 2024, and June 2024. In December 2023, the company made sales of 14.54 crores and had expenses of 12.53 crores, leaving them with an operating profit of 2.01 crores.
Here’s a table summarizing the quarterly financial results for One Global Service Provider for December 2023, March 2024, and June 2024:
Particulars |
Dec 2023 |
Mar 2024 |
Jun 2024 |
Sales |
14.54 |
24.30 |
13.56 |
Expenses |
12.53 |
18.92 |
11.17 |
Operating Profit |
2.01 |
5.38 |
2.39 |
OPM % |
13.82% |
22.14% |
17.63% |
Other Income |
0.00 |
0.00 |
0.00 |
Interest |
0.00 |
0.00 |
0.00 |
Depreciation |
0.06 |
0.06 |
0.04 |
Profit before Tax |
1.95 |
5.32 |
2.35 |
Tax % |
25.13% |
25.56% |
25.11% |
Net Profit |
1.46 |
3.97 |
1.76 |
EPS in Rs |
2.05 |
5.59 |
2.48 |
About One Global Service Provider
One Global Service Provider is a top company offering Life Sciences and Healthcare Solutions around the world. They are experts in areas like mass screening, diagnostics, and healthcare sciences, which are used by major hospitals, doctors, and government organizations.
One Global Service Provider provides a wide range of healthcare services to ensure the highest quality in laboratory reports and diagnoses. They use the latest lab equipment and have a skilled team of professionals, including pathologists, to deliver accurate results that meet international standards.
In the United Arab Emirates (U.A.E.), One Global Service Provider has set up an advanced healthcare system that makes affordable healthcare accessible to everyone. They have created an innovative approach to healthcare by offering a digital platform where people can find a variety of medical products, from devices and equipment to consumables and reagents.
One Global Service Provider mission is to ensure that everyone has access to quality healthcare. They believe that the right to health is crucial and work hard to provide reliable and affordable health services. By focusing on accuracy, affordability, and accessibility, One Global Service Provider is dedicated to delivering excellent healthcare solutions to people worldwide.
One Global Service Provider Q1 Results - FAQs
1. What was One Global Service Provider’s total revenue for Q1 2024?
One Global Service Provider’s total revenue for Q1 2024 was ₹1,356.04 lakhs.
2. How did One Global Service Provider’s Q1 2024 revenue compare to Q4 2023?
One Global Service Provider’s Q1 2024 revenue decreased by 44.20% compared to Q4 2023.
3. What were the selling, general, and administrative expenses for One Global Service Provider in Q1 2024?
One Global Service Provider’s selling, general, and administrative expenses were ₹0.30 crores in Q1 2024.
4. How much did depreciation and amortization cost One Global Service Provider in Q1 2024?
Depreciation and amortization costs for One Global Service Provider were ₹0.04 crores in Q1 2024.
5. What was the increase in other operating expenses for One Global Service Provider compared to the previous year?
Other operating expenses for One Global Service Provider increased by 126.55% YoY.
6. What was One Global Service Provider’s operating income for Q1 2024?
One Global Service Provider’s operating income for Q1 2024 was ₹2.35 crores.
7. How did One Global Service Provider’s net income in Q1 2024 compare to Q4 2023?
One Global Service Provider’s net income in Q1 2024 decreased by 55.76% compared to Q4 2023.
8. What was One Global Service Provider’s diluted normalized EPS for Q1 2024?
The diluted normalized EPS for One Global Service Provider in Q1 2024 was ₹2.47.
9. What was the market capitalization of One Global Service Provider as of Q1 2024?
One Global Service Provider’s market capitalization was ₹88.7 crores as of Q1 2024.
10. What was the tax expense for One Global Service Provider in Q1 2024?
One Global Service Provider’s total tax expense in Q1 2024 was ₹58.92 lakhs.