Unicommerce Esolutions logs 71% YoY rise in Q4 operating revenue
Ecommerce software
firm
Unicommerce Esolutions
on Monday reported a 71% year-on-year (YoY) increase in its
operating revenue
at Rs 45 crore for the quarter ended March 2025.
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The Gurugram-based firm's
net profit
for the quarter rose 17.8% to Rs 3.3 crore compared to Rs 2.8 crore in the same period last year. Sequentially, its profit fell by half from Rs 6 crore in Q3 FY25, due to a rise in expenses.
The company's total expenses rose to Rs 41 crore in Q4 from Rs 24 crore in the same period last year. A significant amount of the expenditure was attributed to employee benefits, which amounted to Rs 16 crore and other expenses at Rs 20 crore.
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Its total income for the quarter stood at Rs 46 crore.
Founded in 2012, Unicommerce offers technology solutions to manage various operations, such as warehouse and inventory management, order management, omnichannel retail management, and seller management for ecommerce platforms.
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The company currently offers three product platforms: Convertway, a marketing automation platform; Uniware, an order processing platform; and Shipway, a logistics management platform.
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On March 21, the company completed the acquisition of the remaining 57.24% stake in shipping automation firm Shipway Technology, making it a wholly owned subsidiary. It had previously acquired a 42.76% stake in Shipway in December 2024 for Rs 68.4 crore.
With this, Unicommerce's overall revenue for FY25 grew by 31% to Rs 135 crore from Rs 103 crore in FY24. Its net profit grew by 38% to Rs 18 crore.
In February, Unicommerce CEO Kapil Makhija highlighted that the key growth drivers for the company would be the expansion of ecommerce through
digital adoption
, an increase in the total addressable market through complementary offerings, client acquisition, and an extended product portfolio.
The company's clients include new-age consumer brands like omnichannel eyewear retailer
Lenskart
, homegrown wearable and audio product brand Boat, skincare brand
Mamaearth
and online fashion retailer Myntra.
It closed on Monday up 6.27% at Rs 127.15 on the BSE. The results were declared post-market hours.
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