Unicommerce’s operating revenue rose 15% to INR 103.58 Cr in FY24 from INR 90.06 Cr in FY23
Total expenses rose over 9% to INR 91.9 Cr in FY24 from INR 84.1 Cr in the previous fiscal year
Unicommerce’s IPO, which comprises only an offer-for-sale component of 2.56 Cr equity shares, will open on August 6
IPO-bound Unicommerce’s net profit more than doubled to INR 13.1 Cr in the financial year 2023-24 (FY24) from INR 6.5 Cr reported in the previous year.
The startup, backed by AceVector (formerly Snapdeal), saw its revenue from contracts with customers or operating revenue rise 15% to INR 103.58 Cr in the reported fiscal as against INR 90.06 Cr in FY23.