One Point One Solutions Ltd.

Updated: 05/08/2022

Financial Results – Q1FY23 Consolidated Results 

Net Revenue, EBITDA and PAT grow QoQ and YoY 

Mumbai, August 05, 2022: One Point One Solutions, a leader in Business Process Management (BPM) services, has declared its financial results for Q1FY23 ended June 30, 2022.

                                                                                                                                                                              (₹ in crore)

Particulars

Q1FY23

Q1FY22

YoY (%)

Q4FY22

QoQ (%)

Revenue from Operations

34.75

29.85

16.40

34.65

0.30

EBITDA

8.33

5.48

52.10

8.04

3.50

EBITDA Margin (%)

24.00

18.30

562 bps

23.2

75 bps

Net Profit

1.79

(0.65)

100.00

1.44

23.90

PAT Margin (%)

5.20

(6.00)

1114 bps

4.16

98 bps

Q1FY23 - Financial Highlights

•  Revenue from operations was at ₹ 34.75 crore, up 0.3% QoQ and 16.42% YoY

•  EBITDA was at ₹ 8.33 crore, up 3.5% QoQ and 52.1% YoY

•  EBITDA Margin was at 24%, up 75 bps QoQ and 562 bps YoY

•  Net Profit was at ₹ I .79 crore, up 24% QoQ and vs a loss of Rs I .8 cr in Q I FY22

•  Net Profit Margin was at 5.2%, up 98 bps QoQ and vs (6.0)% in Q I FY22

Operational Highlights

•  The current capacity utilisation remains at 64% on one shift basis. Efforts are being made

to take the capacity utilisation to I 00% till the end of current FY. 

•  4 new processes went live in Q1FY23. 2 new clients have already signed contracts and their processes will go live in Q2FY23, thus we are hoping for a higher growth in revenue which will lead us one step closer to our year end goal of full capacity utilisation.

Commenting on the Results, Mr. Akshay Chhabra, Managing Director said,

“The growth was sustained quarter on quarter basis, driven by the new client additions along with expansion in business from existing customers. We have been able to improve margins by increasing efficiency and improved seat occupancy across locations.

This quarter also saw us entering into a strategic partnership with Bahwan Cybertek to tap into the USD 5 bn IT Services market in the MENA region. This partnership will add another major dimension for growth in our international business, and subsequent utilisation of our capacities. The Company is continually expanding its portfolio of value-added products along with focusing on extending our customer and geographical reach. Parallelly, we are implementing strategic initiatives to focus on quality growth and improving profitability. Our marketing strategies are being redesigned to understand consumer preferences and behaviour patterns, and are being aligned more closely with our portfolio. We work to improve the profitability of our clients and focus on delivering value and models to enable them to sustain long-term growth. We are targeting to grow at 30-40% CAGR for the next 3-5 years led by our efforts in the domestic as well as international markets. We thank our entire team for their constant efforts, sincerity and enthusiasm. Also, I would like to thank our valued shareholders and all stakeholders, who have reposed faith in the Company and supported us.”

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