Unicommerce Q2: Profit Jumps 29% YoY To INR 5.8 Cr

SUMMARY

On a sequential basis, profit grew 49% from INR 3.9 Cr

Operating revenue zoomed 75% YoY and 15% QoQ to INR 51.4 Cr

Unicommerce's adjusted EBITDA for the quarter rose 85% YoY to INR 11.4 Cr, while adjusted EBITDA margin improved 118 basis points YoY to 22.2%

Ecommerce SaaS company Unicommerce’s consolidated net profit for Q2 FY26 grew 29% to INR 5.8 Cr from INR 4.5 Cr in the year-ago quarter. On a sequential basis, profit grew 49% from INR 3.9 Cr.

Operating revenue zoomed 75% YoY and 15% QoQ to INR 51.4 Cr. Including other income of INR 85.2 Lakh, total income for the quarter stood at INR 52.2 Cr. Meanwhile, total expenses skyrocketed 81% YoY to INR 44.5 Cr.

The company’s adjusted EBITDA for the quarter rose 85% YoY to INR 11.4 Cr, while adjusted EBITDA margin improved 118 basis points YoY to 22.2%.

Unicommerce business growth came at the behest of consistent performance of its three main SaaS offerings — Uniware, Shipway and Convertway. For context, Shipway is a logistics management platform, Uniware is an order processing platform and Convertway automates marketing.

The company said that Shipway drove the growth in the quarter, with its ARR surging 26% QoQ to INR 86.9 Cr in the quarter. Without disclosing numbers, Unicommerce said that Shipway was PAT profitable.

Meanwhile, Uniware’s client count surged past 1,000 with annual transaction run rate crossing 1.1 Bn order items in the September quarter. Uniware acquired 100 clients in the quarter. In this, quick commerce volumes scaled to over 72 Mn annual transaction run-rate.

While Unicommerce didn’t share much updates on Convertway’s business in the quarter, CEO Kapil Makhija said that Convertway focussed on enhancing its COD-to-prepaid journey, helping clients reduce returns and improve margins.

“Going forward, Shipway will continue to drive growth, while Uniware will remain the key contributor to profitability, supported by strong operating leverage. We will stay focused on financial discipline and sustainable expansion, deepening relationships with existing clients, adding new ones, and investing in platform innovation to drive further growth,” CFO Anurag Mittal said.

Overall, Unicommerce’s clientele now exceeds 7,500 in India, Southeast Asia, and the Middle East. Lenskart, Mamaearth, Sugar, Urban Company, Healthkart, boAt, TMRW, Mensa are among its clients.

Shares of Unicommerce ended today’s trading session 0.86% higher at INR 128.70 on the BSE.