Unicommerce Shares Skyrocket 13.37% Post Q3 Results

Unicommerce Shares Skyrocket 13.37% Post Q3 Results

SUMMARY

However, the stock shed some of the loss and was trading 10.58% higher at INR 317.45 at 1:05 PM

The company’s market capitalisation was at INR 1,638.43 Cr at the above-mentioned time and as much as 1.8 Lakh shares traded hands by then

The SaaS major announced its Q3 results yesterday (January 31), with consolidated net profit climbing 62.1% to INR 6.29 Cr in the quarter under consideration from INR 3.88 Cr in the year-ago quarter. Sequentially, profit increased 40.7% from INR 4.47 Cr

Shares of Unicommerce surged as much as 13.37% to INR 164.00 during the intraday trading on the BSE today (February 1) after the company announced positive quarterly results for the third quarter of the ongoing financial year (FY25). 

However, the stock shed some of the gains and was trading 10.58% higher at INR 317.45 at 1:05 PM. 

The company’s market capitalisation was at INR 1,638.43 Cr at the above-mentioned time and as much as 1.8 Lakh shares traded hands by then. 

The SaaS major announced its Q3 results yesterday (January 31), with consolidated net profit climbing 62.1% to INR 6.29 Cr in the quarter under consideration from INR 3.88 Cr in the year-ago quarter. Sequentially, profit increased 40.7% from INR 4.47 Cr. 

On similar lines, its top line also jumped over 26% jump to INR 32.74 Cr from INR 25.96 Cr in Q3 FY24  driven by revenue from contracts with customers.  Quartely, the company’s top line saw a rise of 11.7% from INR 29.31 Cr.

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Unicommerce Shares Skyrocket 13.37% Post Q3 Results-Inc42 Media
Unicommerce Shares Skyrocket 13.37% Post Q3 Results-Inc42 Media
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