this income Working revenue was 275 million rupees, a rise of 9% from 250 million rupees in the identical interval of the earlier fiscal yr.
That is the primary quarterly monetary report launched by the corporate after going public on August 13.
Revenue after tax (PAT) grew 22% sequentially in comparison with Rs 29 crore reported in Q4FY24. In the meantime, income stood at Rs 265.3 crore, up 3.5% from the January-March quarter.
The corporate’s gross revenue margin within the reported quarter was 78.5%, up from 77.4% in the identical interval final yr. A rise of 110 foundation factors in contrast with the identical interval final yr. 484 foundation factors. On a sequential foundation, this determine was 157 foundation factors greater than the 13.7% in This autumn FY24. An annual improve of 29.3%.
“E-commerce in India is anticipated to proceed to develop, pushed by rising digital adoption and altering shopper preferences for on-line buying. Whereas the long-term progress momentum for the e-commerce trade is powerful, we now have additionally seen current impacts The trade is experiencing a slowdown as regardless of this, we proceed to amass new prospects throughout varied verticals, which is in keeping with the general development of elevated digital adoption amongst e-commerce ecosystem gamers.
The corporate launched two new options: UniReco (automated reconciliation of funds and returns) and Uniship (improved logistics administration via order monitoring).
“These new options allow us to satisfy the rising wants of our prospects and can assist our future progress. We’re optimistic concerning the future and assured in our capacity to navigate the e-commerce panorama and ship long-term worth to all stakeholders.” Makhija added.
The outcomes have been introduced after the bell and the inventory closed at 221.97 factors on the NSE at present, up 7.59% from Thursday’s closing value.
