Unicommerce revenue jumps 64% to Rs 45 crore in Q1 FY26; net profit at Rs 3.9 crore

Unicommerce eSolutions Limited, the Gurugram-based ecommerce software provider, posted a robust 64% year-on-year increase in operating revenue for the June quarter, though net profit remained largely unchanged owing to higher expenses and non-cash charges from a recent acquisition.

Advertisment

For the first quarter of fiscal 2026, Unicommerce reported consolidated revenue of Rs 44.9 crore, up from Rs 27.4 crore a year earlier. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) more than doubled to Rs 9.4 crore, with margins expanding to 21.1% from 16.3% in the year-earlier period.

Profit after tax rose 10.8% to Rs 3.89 crore, but excluding amortisation expenses related to the integration of Shipway Technology, net profit would have been Rs 6.3 crore, an 82% increase. Its annual recurring revenue stood at Rs 179.7 crore.

“Our international business turned operationally profitable in Q1, supported by a lean delivery model leveraging our India teams, while Shipway became PAT positive during the quarter,” said Kapil Makhija, managing director and CEO. 

He added that Unicommerce had launched UniReco, a payments reconciliation module, and saw Uniware, its flagship order-processing platform, cross an annual run-rate of one billion transactions, matching last year’s festive peak. Expenses, however, rose to Rs 41 crore from Rs 24 crore a year earlier, driven mainly by other expenses and acquisition-related amortisation (Shipway), while employee benefits declined YoY.

CFO Anurag Mittal said the quarter “reflected both top-line momentum and continued improvement in operating profitability,” noting that adjusted Ebitda growth was offset at the PAT level by the acquisition-related accounting adjustment.

Unicommerce, founded in 2012, provides technology solutions spanning warehouse and inventory management, order and omnichannel retail management, and logistics aggregation. Its platforms, Uniware, Shipway, and Convertway, serve both established retailers and digital-first brands. Clients added during the quarter included Himalaya Wellness, Rupa, Lacoste and Ajanta Shoes.