Tech
Unicommerce Esolutions logs 64% rise in operating revenue at Rs 45 crore; flat net profit
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The Gurugram-based firm’s net profit for the quarter remained flat at Rs 3.8 crore YoY and sequentially, due to higher expenses and a non-cash accounting adjustment from the Shipway acquisition.
“The lower PAT growth compared to adjusted Ebitda growth reflects amortisation expenses of Rs 3 crore related to intangible assets recognised from the acquisition of Shipway. Excluding…
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