One Point One Solutions Q3 Results: PAT Jumps 41.21%, Net Income Up 67.18% To Rs 70.40 Cr

Leading provider of business process management (BPM) services, One Point One Solutions Limited (NSE:ONEPOINT), has released its third-quarter financial results, which ended on December 31, 2024. The company's total income jumped by a significant 67.18% year on year, from Rs 42.11 crore in Q3 FY24 to Rs 70.40 crore in Q3 FY25. From Rs 15.08 crore in Q3 FY24 to Rs 20.51 crore in Q3 FY25, EBITDA grew by 36.01%. The company's net profit surged 41.21% year on year to Rs 8.43 crore in Q3 FY25 from Rs 5.97 crore in Q3 FY24.

Mr. Akshay Chhabra, Chairman & Managing Director said, "Our Q3 numbers reflect a positive performance with a substantial increase of 67.18% in total income. This growth is primarily driven by our global outsourcing initiatives, which includes the signing of a term sheet to acquire a U.S.-based healthcare company for $45 million and a non-binding term sheet to acquire an India-based Business Process Consulting & Management (BPCM) for ₹261 crores. These initiatives align with our broader strategy for potential acquisitions in the USA, Latin America, and Europe, where we've signed non-binding term sheets with three potential target companies. The company also witnessed a growth in its PAT by 41.21% this year, further underscoring our commitment to sustained growth and profitability."

Mr. Akshay Chhabra further added that, "We've also on boarded renowned clients from the Banking, ESports and Fleet management sectors, further strengthening our market presence and service capabilities."

One Point One Solutions informed stock exchanges that it is exploring potential acquisitions in the USA, Latin America and the European region and has signed a non-binding term sheet with three potential target companies.

One Point One Solutions Ltd. which specializes in the provision of Business Process Outsourcing (BPO) services as well as in the engagement of the customer recently signed a strategic agreement with a global data analytics and consumer credit report organization. This joint effort seeks to improve customer interaction solutions in India and augment the firm's omnichannel customer engagement solutions.

Emphasis will be laid on the implementation of advanced contact centre services, large enterprise cloud-based telephony systems and a centralised automated complaint management system. In his remarks, the Founder and CEO of One Point One Solutions Akshay Chhabra explained the purpose of partnership as essential in achieving the company's goal for leadership in customer engagement innovation.

The announcement comes at a time when the company's performance was fairly pleasing. During the second quarter growth of revenue of One Point One Solutions went up by 56.68% to Rs.62.48 crore from Rs.39.88 crore reported over the same quarter of the previous year. The year-on-year profit after tax (PAT) also grew by 41.32% up to Rs.8.38 crores. Halfway through the fiscal year, revenue increased by 63.51% to 123.63 crores in the first six months, and PAT increased by 82.74% to 15.99 crores.

One Point One Solutions has also been augmenting its market share globally through strategic moves. The firm previously entered into a non-binding term sheet to take control of a BPO company located in Latin America, which increased its marketplace. Furthermore, it has established significant client allocation deals including ones with a US-based medical devices company and a Swedish multinational. Its subsidiary, ITCube Solutions, landed a contract with a leader in AI brand protection company.

Through the years of experience spanning over 20 years in the provision of services for different clients, One Point One Solutions has matured to become a multipurpose BPO, KPO, IT and analytic services. The agreement to purchase ITCube Solutions Pvt. Ltd. has also expanded its IT, BPM, and KPO capabilities. Nowadays, the company has a worldwide view and operates from India, USA, UK, Germany, Netherlands, Middle East, Singapore and Australian-based centres.

One Point One Solutions works in various industries such as banking and finance, retail, e-commerce, healthcare and is managed by Akshay Chhabra. Currently, over 5600 people are providing customer service, including call centers for support, collection, sale or delivery, medical records summary and recruitment. Utilizing technologies such as GenAI and intelligent automation, the firm provides precise solutions for its more than 50 clients located around the globe.

As demonstrated by these partnerships and strategic actions, One Point One Solutions embodies the true spirit of progress and creativity in customer engagement endeavours.