BPM firm One Point One Solution Q1 PAT more than doubles to ₹4.32 crore

Published - August 14, 2023 09:32 pm IST - MUMBAI

One Point One Solutions Ltd., which is into Business Process Management (BPM) services, reported first-quarter net profit grew to ₹4.32 crore as compared with ₹1.79 crore in the year-earlier period, up 141%.

Total income during the quarter ended June 30, 2023 increased 14.81% to ₹40.24 crore, as compared with ₹35.05 crore a year ago. EBITDA was at ₹12.81 crore, as compared with ₹8.63 crore in the same period the year earlier, up 48.44%.

Akshay Chhabra, Managing Director said, “During the quarter we added reputed corporates and leaders in their respective segments as clients. This has helped us to strengthen our fast-growing segments like BFSI and Consumer.”

“The growth in the overall profits of the company would further improve as we expand into international markets and start signing clients during the current year,” he said.

“As a part of our growth strategy we would explore inorganic growth opportunities which are both revenue, profitability accretive and would help in diversifying the current offerings,” he added.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.