Unicommerce's international business turns operationally profitable in Q1
Unicommerce reported a 64% year-on-year increase in its operating revenue at Rs 45 crore for the quarter ended June 2025. The Gurugram-based company's net profit for the quarter remained flat at Rs 3.8 crore from Rs 2.8 crore YoY and sequentially, due to higher expenses and a non-cash accounting adjustment from the Shipway acquisition. On March 21, Unicommerce completed its acquisition of the 57.24% stake in Shipway Technology it did not own, making it a wholly owned subsidiary. It had previously acquired a 42.76% stake in Shipway in December 2024, for Rs 68.4 crore.
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Economic Times
6 minutes ago
- Economic Times
Microfinance portfolio contracts further to Rs 3.59 lakh cr
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Economic Times
6 minutes ago
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Has ICICI Bank taken a U-turn on Rs 50,000 monthly average balance? Here's what it's website shows
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Business Standard
6 minutes ago
- Business Standard
Jubilant Foodworks Q1 results: PAT rises to 64% on strong delivery growth
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