Unicommerce Esolutions logs Q2 net profit of Rs 4.4 crore, up 21% YoY
Ecommerce software firm Unicommerce Esolutions, which went public in August, saw its net profit increase by 21% to Rs 4.4 crore for the quarter ended September 2024.
The company reported operating revenue of Rs 29 crore for the quarter, from Rs 26 crore a year ago. Its total income stood at Rs 30 crore.
The company’s total expenses rose to Rs 24 crore in the September quarter from Rs 22 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 6 crore.
Founded in 2012, Unicommerce Esolutions offers technology solutions to manage various operations such as warehouse and inventory management, order management, omnichannel retail management, and seller management for ecommerce platforms.
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.
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