Unicommerce’s profit after tax (PAT) zoomed 31% year-on-year to INR 3.51 Cr

Recently listed SaaS startup Unicommerce’s profit after tax (PAT) zoomed 31% year-on-year to INR 3.51 Cr in the first quarter of the ongoing financial year 2024-25 (Q1 FY25) from INR 2.68 Cr in the year-ago quarter on improvement in operating margin 👇

On a quarter-on-quarter (QoQ) basis, profit rose 22% from INR 2.87 Cr.

Revenue from contract with customers rose 9.2% to INR 27.46 Cr during the quarter under review from INR 25.15 Cr in Q1 FY24. On a sequential basis, it increased 3.5% from INR 26.53 Cr.

Meanwhile, total expenses rose 7% to INR 24.28 Cr from INR 22.67 Cr in Q1 FY24. It also rose 1.4% from INR 23.93 Cr in the preceding March quarter.

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Credit - Inc42 Media