158 per cent jump in net profit: This small-cap multibagger stock announced robust results!
The company gave stellar returns of 121.84 per cent in the past 1 year and whopping 13.9x returns in just 3 years.
One Point One Solutions is a leading player in Business Process Management (BPM), offering technology-driven solutions to various industries. The company offers technology, accounting, skill development and analytical solutions that help businesses build better capabilities and enable them to achieve seamless growth. Founded in 2006, the company has service centres in multiple locations and focuses on innovation and efficiency.
One Point One Solutions reported their Q4FY23 results on May 30, 2023 and revenue of the company experienced a growth of 2.97 per cent as compared to Q4FY22 on a YoY basis. EBITDA grew by 7.08 per cent whereas net profit surged by 104.86 per cent.
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One Point One Solutions also reported their FY23 results on May 30, 2023, revealing a 6.5 per cent growth in sales to Rs 140.25 crore compared to FY22 on a YoY basis. The company also experienced a 17.5 per cent increase in EBITDA in Q4FY23, while their net profit surged significantly by 158 per cent to Rs 8.79 crore compared to Q4FY22. The company has a ROCE of 20.5 per cent with a ROE of 17.3 per cent. The company also has a significant profit growth of 110 per cent (CAGR) for the past 3 years.
On Tuesday, shares of One Point One Solutions plunged by 2.99 per cent and closed at Rs 22.95.
The company gave stellar returns of 121.84 per cent in the past 1 year and whopping 13.9x returns in just 3 years.
Investors should keep a close eye on this Small-Cap multibagger stock.