With a 13% rise in revenue for Q2 FY25 over Q2 FY24, Unicommerce has maintained its growth trajectory over the past quarter. In the same quarter of the previous fiscal year, revenue from operations was Rs 25.9 crore, but it increased to Rs 29.3 crore.

According to Unicommerce's quarterly results published to the National Stock Exchange, its overall income for Q2 FY25, including other undisclosed income, increased from Rs 27.7 crore in Q2 FY24 to Rs 30.5 crore.  In terms of costs, employee benefits expenditures dropped somewhat from Rs 17 crore in the same quarter of the prior year to Rs 16 crore in Q2 FY25. This small decrease shows that even while the business expanded its offerings, personnel expenses were optimized. However, due to expenditures in expanding the technological infrastructure, server hosting costs increased from Rs 1 crore to Rs 1.3 crore.

Depreciation and amortization charges, which increased to Rs 84 lakhs, and financing costs, which increased to Rs 14 lakhs, were other noteworthy expenses.

Recently, MobiKwik, which was headed for an IPO, had a strong rebound in the fiscal year that ended in March 2024, with a 62% increase in revenue. 

After losing 84 crore in FY23, the fintech company returned to profitability in FY24. That shouldn't affect its chances of going public in any way. According to its consolidated annual financial results sourced from the Registrar of Companies (RoC), MobiKwik's revenue from operations increased to 875 crore in FY24 from 539 crore in FY23. 

In FY24, MobiKwik primarily made money from commissions on recharges, processing, and interest on servicing loans, payment gateways, and technologies platforms. The company increased its loan offerings through lending partners in the most recent fiscal year (FY24), resulting in a threefold increase in its lending operational costs to 270 crore, up from 69 crore in FY23.