Unicommerce has sustained its growth trajectory over the last quarter, reporting a 13% increase in revenue for Q2 FY25 compared to Q2 FY24. Revenue from operations rose to Rs 29.3 crore, up from Rs 25.9 crore in the corresponding quarter of the previous fiscal year.
Including other undisclosed income, Unicommerce’s total income for Q2 FY25 reached Rs 30.5 crore from Rs 27.7 crore in Q2 FY24, according to its quarterly result reported to National Stock Exchange.
On the expense side, employee benefits expenses decreased slightly to Rs 16 crore in Q2 FY25 from Rs 17 crore in the same quarter of the previous year. This slight reduction indicates optimization in personnel costs even as the company scaled its services.
Server hosting expenses, however, rose to Rs 1.3 crore from Rs 1 crore, reflecting investments in ramping up technology infrastructure. Other significant costs included depreciation and amortization expenses, which grew to Rs 84 lakhs, and finance costs that grew to Rs 14 lakhs.
At the end, Unicommerce’s total expenses for the quarter stood at Rs 24.5 crore, up from Rs 22.9 crore in Q2 FY24, representing an overall expense growth of about 7%. Despite the increase in expenses, the firm reported a 23% spike in its profit before tax to Rs 6 crore in Q2 FY25 as compared to Rs 4.8 crore in Q2 FY24, meanwhile its profit after tax increased by 25% to Rs 4.4 crore from Rs 3.5 crore in Q2 FY24.
Since its public listing in August 2024, Unicommerce has witnessed significant growth in its market capitalization, which now stands at Rs 2,043.56 crore. This marks an 84% increase over the past 14 months. The company’s share price has surged to Rs 199.5, up from its initial listing price of Rs 108, reflecting investor confidence and solid performance.