On November 15th, Alibaba disclosed its second quarter report for the fiscal year 2025 (quarter ended September 30, 2024).
During this financial reporting season, Alibaba achieved a revenue of RMB 236.5 billion, a year-on-year increase of 5%; Net profit was RMB 43.547 billion (USD 6.205 billion), a year-on-year increase of 63%; Adjusted EBITA (a non GAAP financial indicator) decreased by 5% year-on-year to RMB 40.561 billion (USD 5.78 billion).
As of the quarter ended September 30, 2024, the non GAAP net profit was RMB 36.518 billion (USD 5.204 billion), a decrease of 9% compared to RMB 40.188 billion in the same period of 2023.
As of the quarter ended September 30, 2024, Cloud Intelligence Group's revenue was RMB 29.61 billion (USD 4.219 billion), a year-on-year increase of 7%. The revenue of Alibaba International Digital Business Group (AIDC) increased by 29% year-on-year to RMB 31.672 billion (USD 4.513 billion).