SaaS startup Unicommerce’s profit after tax (PAT) grew 21% year-on-year (YoY) to INR 4.47 Cr in the second quarter of the ongoing financial year 2024-25 (Q2 FY25) from INR 3.69 Cr in the year-ago quarter.
On a quarter-on-quarter (QoQ) basis, profit rose 27% from INR 3.51 Cr.
Revenue from contract with customers increased almost 13% to INR 29.30 Cr during the quarter under review from INR 25.93 Cr in Q2 FY24. On a sequential basis, it increased 6.7% from INR 27.46 Cr.
Including other income, Unicommerce’s total income stood at INR 30.59 Cr. This was an increase of 10% from INR 27.78 Cr in the year-ago period.
Meanwhile, total expenses rose 7.3% to INR 24.58 Cr from INR 22.90 Cr in Q2 FY24. Expenses rose 1.2% from INR 24.28 Cr in the preceding March quarter.
(This is a breaking story, will be updated shortly.)
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