Mumbai, May 15th, 2024: 1Point1, the country’s leading Business Process Management Solutions company, Announced Q4 FY24 results today for the period ending March 31st, 2024.
Financial Performance
Highlights of FY24 v/s FY23
| Revenue Growth | EBITDA Growth | PBT Growth | PAT Growth | EPS Growth |
| 21.44% | 52.95% | 136.03% | 143.5% | 125.53% |
Highlights of Q4 FY24 v/s Q4 FY23
| Revenue Growth | EBITDA Growth | PBT Growth | PAT Growth | EPS Growth |
| 37.62% | 33.19% | 88.84% | 125.76% | 93.75% |
Performance Indicators |
Q4 FY24 | Q4 FY23 | FY24 | FY23 |
| Revenue | 53.29 | 38.72 | 175.16 | 144.23 |
| EBITDA | 15.53 | 11.66 | 56.76 | 37.11 |
| Profit Before Tax | 8.97 | 4.75 | 30.26 | 12.82 |
| Profit After Tax | 6.66 | 2.95 | 21.38 | 8.78 |
| EPS | 0.31 | 0.16 | 1.06 | 0.47 |
All values are in INR Cr.
Key Business Updates
| 1. ITCube Pvt Ltd. Acquisition on 22nd Feb’24
2. Performance Management driven by Gamification to drive productivity 3. Infusion of GenAI, RPA, and Intelligent Automation to enhance operational efficiency and throughput 4. Additional of new accounts with better margin 5. Existing Account mining to broaden service offering |
NSE: INE840Y01029 SECTOR: BPO/ITES – ANNUAL EARNINGS RELEASE | Q4FY24
Audited results for the quarter and twelve months ended March 31, 2024, are available in the Investor Relations section of our website
Quote from Management
Commenting on the Results, Mr. Akshay Chhabra, Managing Director said, “We are delighted to declare one of the best years in terms of numbers. Our efforts in doing business transformation using Gen AI and RPA is finally paying off. We have done our first acquisition this year to strengthen our base in the North America market. This will help us expand our American business at a better pace. IT cube also adds to our verticals in healthcare, F&A, and IT software development thus making us a full-stack player.