Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Unicommerce Q2 Profit Rises 21% YoY To INR 4.5 Cr
SaaS company Unicommerce reported a 21% YoY increase in profit to INR 4.47 Cr for Q2 FY25, up from INR 3.69 Cr in the same period last year. The company’s revenue from contracts with customers rose by nearly 13% to INR 29.30 Cr, compared to INR 25.93 Cr in Q2 FY24. Total expenses also increased by 7.3% YoY to INR 24.58 Cr. On a QoQ basis, profit rose by 27% from INR 3.51 Cr in Q1 FY25. The growth in profit and revenue is attributed to the company’s expanding customer base and increased adoption of its e-commerce enablement solutions. Unicommerce continues to invest in product development and market expansion to sustain its growth trajectory.