Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 and Quarter ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations

Audit Opinion:

Limited Review Report - No material misstatement observed. The review reports were issued by S.R. Batliboi & Associates LLP (ICAI Firm registration number: 101049W/E300004) for both standalone and consolidated results.

Auditor’s Comment:

The auditors noted that the results for comparative periods (June 30, 2025, March 31, 2026, and September 30, 2025) were prepared by management and approved by the Board but were not subjected to audit or review. For consolidated results, the auditors relied on reports from other auditors for subsidiaries representing total revenues of ₹561.73 million and net profit of ₹24.85 million for Q2 FY27.

Key Financial Highlights [All amounts in ₹ million]:

Consolidated Results:

Quarter ended June 30, 2026:

  • Revenue from Operations: 1,343.05 (vs. 1,151.57 in Q2 FY26, +16.6% YoY)
  • Total Income: 1,360.93
  • Net Loss: (253.56) (vs. (129.59) in Q2 FY26, deterioration)
  • EPS: (0.62)
  • Other Equity: 569.92 (as of March 31, 2026)

Quarter ended September 30, 2026:

  • Revenue from Operations: 1,511.95 (vs. 1,292.64 in Q3 FY26, +17.0% YoY)
  • Total Income: 1,538.12
  • Net Loss: (175.98) (vs. (95.03) in Q3 FY26, deterioration)
  • EPS: (0.48)
  • Cash and Cash Equivalents: 89.95
  • Total Debt: 500.78 (Non-current borrowings: 472.80 + Current borrowings: 27.98)

Half Year ended September 30, 2026:

  • Revenue from Operations: 2,855.00
  • Net Loss: (429.54)
  • EPS: (1.10)

Standalone Results:

Quarter ended June 30, 2026:

  • Revenue from Operations: 782.61
  • Total Income: 805.76
  • Net Loss: (278.42)
  • EPS: (0.60)
  • Other Equity: 477.31 (as of March 31, 2026)

Quarter ended September 30, 2026:

  • Revenue from Operations: 861.63
  • Total Income: 889.02
  • Net Loss: (215.91)
  • EPS: (0.46)
  • Cash and Cash Equivalents: 74.42
  • Total Debt: 497.80 (Non-current borrowings: 472.80 + Current borrowings: 25.00)

Half Year ended September 30, 2026:

  • Revenue from Operations: 1,644.24
  • Net Loss: (494.33)
  • EPS: (1.06)

Segment-wise Performance:

The Group operates in three reportable segments: Marketplace, SaaS, and Consumer Brands.

Q2 FY27 (June 30, 2026):

  • Marketplace: Revenue 782.61, Segment Result (270.05)
  • SaaS: Revenue 513.70, Segment Result 47.76
  • Consumer Brands: Revenue 48.03, Segment Result (18.52)

Q3 FY27 (September 30, 2026):

  • Marketplace: Revenue 861.63, Segment Result (182.90)
  • SaaS: Revenue 590.78, Segment Result 80.30
  • Consumer Brands: Revenue 61.44, Segment Result (20.04)

Corporate Actions:

  • Completed Initial Public Offer (IPO) of 131,250,000 equity shares of face value ₹1 each
  • Issue comprised of 89,687,500 fresh issue shares and 41,562,500 offer for sale shares
  • Total issue size: ₹4,200 million
  • Equity shares listed on NSE and BSE on October 5, 2026
  • Allotment completed on September 30, 2026
  • Proceeds receivable as of September 30, 2026: ₹3,027.89 million (fresh issue ₹2,870.00M + offer expenses ₹157.89M)

Other Significant Information:

  • Exceptional items of ₹13.07 million incurred during Q3 FY27 related to listing expenses
  • The company's subsidiaries include Stellaro Brands Private Limited, Unicommerce eSolutions Limited, and step-down subsidiary Shipway Technologies Private Limited
  • The financial results are prepared in accordance with Ind AS 34