Profit Jumps 31% YoY To INR 3.51 Cr

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SUMMARY

On a quarter-on-quarter basis, profits rose 22% from INR 2.87 Cr in Q4 FY24

Unicommerce’s 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

The startup’s expenses rose 7% to INR 24.28 Cr from INR 22.67 Cr in Q1 FY24

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). On a quarter-on-quarter 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, the startup’s expenses rose 7% to INR 24.28 Cr from INR 22.67 Cr in Q1 FY24. It rose 1.4% from INR 23.93 Cr in the preceding March quarter. 

(The story will be updated shortly.)





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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Profit Jumps 31% YoY To INR 3.51 Cr


SUMMARY

On a quarter-on-quarter basis, profits rose 22% from INR 2.87 Cr in Q4 FY24

Unicommerce’s 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

The startup’s expenses rose 7% to INR 24.28 Cr from INR 22.67 Cr in Q1 FY24

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). On a quarter-on-quarter 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, the startup’s expenses rose 7% to INR 24.28 Cr from INR 22.67 Cr in Q1 FY24. It rose 1.4% from INR 23.93 Cr in the preceding March quarter. 

(The story will be updated shortly.)





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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