One Point One Solutions Q1 Results Revenue at ₹61.15 Crores and Net Profit Soars to ₹7.60 Crores

One Point One Solutions Q1 Results Growth Comparison 

One Point One Solutions Q1 Results: In the fiscal period ending June 2024, ONE POINT ONE showcased impressive financial performance with significant year-over-year (YoY) and quarter-on-quarter (QoQ) improvements. Total revenue surged to ₹61.15 crores, reflecting a notable increase from ₹35.68 crores in March 2023 (QoQ) and ₹27.52 crores in June 2017 (YoY).

Selling, general, and administrative expenses also rose to ₹35.29 crores, up from ₹21.42 crores in the previous quarter and ₹15.79 crores YoY. Depreciation and amortization costs increased to ₹6.62 crores, compared to ₹5.50 crores QoQ and ₹2.52 crores YoY. Other operating expenses climbed to ₹9.01 crores, higher than ₹5.64 crores in March 2023 and ₹5.95 crores YoY.

Despite these rising costs, total operating expenses reached ₹50.92 crores, but operating income improved significantly to ₹10.22 crores, up from ₹3.12 crores QoQ and ₹3.27 crores YoY. Net income before taxes was ₹9.46 crores, compared to ₹

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One Point One Solutions Q1 Results

The table presents the standalone unaudited financial results of ONE POINT ONE SOLUTIONS for the quarter ended June 30, 2024, and compares these results with the previous quarter and the same quarter from the previous year, as well as with the full-year results for March 31, 2024, and March 31, 2023.

For the quarter ending June 30, 2024, the company reported a total revenue of ₹4,840.16 lakhs, which is higher than ₹4,206.73 lakhs in the previous quarter (March 2024) and ₹3,572.91 lakhs in June 2023. The total income, including other income, amounted to ₹4,885.19 lakhs for the quarter, compared to ₹4,261.12 lakhs in the previous quarter and ₹4,023.14 lakhs in June 2023.

Expenses included employee costs of ₹2,643.29 lakhs and other expenses of ₹684.63 lakhs for June 2024. These are up from ₹2,039.54 lakhs and ₹767.33 lakhs in the previous quarter and ₹2,180.24 lakhs and ₹562.13 lakhs in June 2023. EBITDA (earnings before interest, tax, depreciation, and amortization) was ₹1,557.27 lakhs, up from ₹1,454.25 lakhs QoQ and ₹1,280.77 lakhs YoY.

Depreciation and amortization costs were ₹632.70 lakhs, higher than ₹557.92 lakhs in March 2024 and ₹521.50 lakhs in June 2023. Finance costs rose to ₹165.65 lakhs from ₹84.29 lakhs QoQ and ₹149.86 lakhs YoY. Profit before tax for the quarter was ₹758.92 lakhs, up from ₹812.04 lakhs in March 2024 and ₹609.41 lakhs in June 2023.

The company reported a profit of ₹603.80 lakhs for June 2024, slightly down from ₹606.37 lakhs in the previous quarter but up from ₹430.30 lakhs in June 2023. The total comprehensive income, which includes other comprehensive income, was ₹602.18 lakhs, compared to ₹604.22 lakhs in March 2024 and ₹426.16 lakhs YoY. Earnings per share (EPS) for the quarter were ₹0.28 basic and ₹0.27 diluted, consistent with the previous quarter but up from ₹0.22 YoY.

Here is a summary of the financial data you provided:

(Rs.in Lakhs)

One Point One Solutions Stock Performance 

The table provides key financial metrics for ONE POINT ONE SOLUTIONS. The company's market capitalization is ₹1,488 crore, with a current stock price of ₹69.7. The stock has traded between a high of ₹77.5 and a low of ₹27.8.

The Price-to-Earnings (P/E) ratio is 56.8, indicating how much investors are willing to pay for each rupee of earnings. The book value of the stock is ₹6.77, and it offers no dividend yield. Return on Capital Employed (ROCE) and Return on Equity (ROE) are both strong at 22.6% and 22.0%, respectively. The face value of the stock is ₹2.00.

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Quarterly Results 

The table shows the financial performance of ONE POINT ONE SOLUTIONS from March 2023 to June 2024. Sales have steadily increased from ₹35.68 crores in March 2023 to ₹61.15 crores by June 2024.

Expenses also rose, reaching ₹44.31 crores in June 2024. Operating profit peaked at ₹16.84 crores in June 2024, showing a strong profit margin despite rising expenses. The operating profit margin (OPM) fluctuated, reaching a high of 35.36% in December 2023.

Net profit improved from ₹2.95 crores in March 2023 to ₹7.60 crores in June 2024. Earnings per share (EPS) increased from ₹0.16 to ₹0.36 over the same period.

Here’s a summary of the quarterly financial results presented in Rs. Crores:

One Point One Solutions

One Point One Solutions is a public company that helps businesses improve their operations. They offer services to manage various business processes like customer support, technical help, and back-office tasks.

The company is certified for high quality and data security, ensuring your information is safe. They have over 5,600 employees and six offices, providing support through different channels like phone, email, and social media.

One Point One Solutions focuses on using the latest technology to create tailored solutions for each client. Their goal is to build long-term partnerships by delivering excellent service and innovative solutions. With over 12 years of experience, they aim to be a top choice for business management services.