Unicommerce Esolutions Results Total Income ₹290.20 Million & Profit Before Tax ₹47.38 Million

Unicommerce Esolutions Q1 Results

Unicommerce Esolutions reported a total income of Rs. 290.20 million for the quarter ending June 30, 2024. This includes Rs. 274.69 million from their main business activities and Rs. 15.51 million from other sources.

Their total expenses for this period were Rs. 242.82 million. This includes various costs like employee benefits (Rs. 165.47 million), server hosting (₹ 11.88 million), depreciation (Rs. 8.54 million), finance costs (Rs. 1.56 million), and other expenses (Rs. 55.37 million). 

Unicommerce Esolutions’ after covering these costs, the company had a profit before tax of Rs. 47.38 million. They paid Rs. 14.84 million in current taxes and had some adjustments and deferred taxes totaling a net tax expense of Rs. 12.26 million. This left them with a net profit of Rs. 35.12 million.

Unicommerce Esolutions’ other comprehensive income, which includes changes in defined benefit plans, resulted in a small loss of Rs. 0.29 million. Adding this to the profit, their total comprehensive income for the quarter was Rs. 34.83 million. The earnings per share were Rs. 0.35 for basic and Rs. 0.31 for diluted shares. This shows the company’s financial health and performance over the quarter.

Here's a simplified summary of the financial results:

Unicommerce Esolutions Stock Performance 

Unicommerce Esolutions has a market capitalization of ₹2,246 crores, indicating its total value in the stock market. The current share price is ₹219. The stock has reached a high of ₹264 and a low of ₹186 in recent trading. Its price-to-earnings ratio (P/E) is 173, which means investors are willing to pay 173 times the company’s earnings per share. 

Here's the information in table format:

About Unicommerce Esolutions

Unicommerce Esolutions, founded in 2012, is a major software company in India that helps businesses manage their e-commerce activities. It is the largest platform in India for processing transactions rel.ated to e-commerce, based on revenue for the year ending March 31, 2022. Unicommerce provides a complete set of tools for businesses to handle various aspects of their online sales operations. 

Unicommerce Esolutions includes managing inventory across different locations, handling orders from multiple online and offline channels, processing returns, and creating invoices. The platform also helps businesses track shipments, manage payments, and ensure they meet legal and tax requirements.

Unicommerce's products are designed to work for businesses of all types and sizes, whether they sell online or offline. They offer solutions for managing warehouses, processing orders through various sales channels, and overseeing retail operations. Some of their newer tools include UniShip for shipping management and UniReco for returns. As of March 31, 2024, Unicommerce supports over 3,500 e-commerce businesses, manages more than 8,600 warehouses, and oversees 2,700 stores. The company has shown strong growth in transactions and revenue