One Point One Solutions Acquires 100% Stake In A BPO Company In Latin America

ONE POINT ONE SOLUTIONS LIMITED (OPOSL) has announced its intent to acquire a Latin American Contact Center Services provider. The company has signed a non-binding Term Sheet to purchase 100 per cent of the target company's shares, contingent upon successful legal and financial due diligence. This strategic move is expected to bolster OPOSL's Contact Center capabilities, expand its global footprint, and create synergies within the IT industry by combining the expertise of both companies. OPOSL is currently in the initial stages of the acquisition process and will provide further updates as developments occur.

On Tuesday, shares of One Point One Solutions Limited gained 1.70 per cent to an intraday high of Rs 71.20 per share from its previous closing of Rs 70.01. The stock's 52-week high is Rs 77.20 per share while its 52-week low is Rs 22.75. The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 22.75 per share.
The company's net profit for this period stood at Rs 6.06 crore in Q4FY2024. This is a significant increase of 100% from Rs 2.95 crore reported in the same period of the previous financial year. The sales of the company in the March 2024 quarter grew by more than 45 per cent YoY to Rs 52.3 crore. It was Rs 35.6 crore in the same quarter of FY23.

Recently, the company has informed exchanges about a new client win. The new corporation, which is headquartered in Mumbai and functions as an Indian electric utility and electricity-producing entity, is reportedly among the largest conglomerates in India. Being one of the leading private companies in each segment of the value chain, including solar rooftop and value-added services, the brand is recognised for leading the energy industry in terms of technology, platform, and process. With a goal of 'lighting up lives' for future generations, the brand has almost a century of experience in technical leadership, project execution excellence, world-class safety procedures, customer care, and driving green initiatives.

The company previously announced that one of its subsidiaries, ITCube Solutions, has secured a significant global client that specialises in using state-of-the-art AI-driven technologies to counteract brand threats. One of the leading companies in the technology solutions provider market, ITCube Solutions Pvt. Ltd. (a subsidiary of One Point One Solutions Limited), recently announced that it has acquired a new client in the European region. The client is a well-known worldwide company that specialises in offering solutions against brand threats by using cutting-edge AI-driven tools to combat online piracy, counterfeiting, and intellectual property infringement.

One Point One Solutions is an expert in business process management, technology servicing, and customer life cycle management. The company offers solutions to a broad range of industries, including retail, e-commerce, FMCG, banking & finance, telecom, insurance, and consumer durables.