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Tracxn's revenue remains flat at Rs 21.3 Cr in Q2 FY27; losses narrow 25.7%

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Tracxn's revenue remains flat at Rs 21.3 Cr in Q2 FY27; losses narrow 25.7%

Data intelligence platform Tracxn announced its Q2 FY27 results, reporting largely flat revenue during the quarter, while its losses narrowed year-on-year.

Tracxn's revenue from operations increased marginally by 0.2% to Rs 21.30 crore in Q2 FY27 from Rs 21.25 crore in the corresponding quarter of the previous fiscal year, according to its financial statements sourced from the National Stock Exchange (NSE).

Tracxn derives its operating revenue from subscription sales, which provide access to its data and software. However, the company did not disclose a detailed revenue breakup for the quarter.

The company also earned Rs 1.38 crore from non-operating sources, taking its total income to Rs 22.70 crore in Q2 FY27.

Employee benefit expenses remained the largest cost head, increasing 22.5% to Rs 23.33 crore and accounting for 85.4% of the overall expenditure during the quarter. Depreciation expenses stood at Rs 7.5 lakh, compared to Rs 4 lakh in Q2 FY26. Other expenses increased 41% to Rs 3.92 crore.

The company's total expenses rose 25% to Rs 27.32 crore in Q2 FY27 from Rs 21.86 crore in the corresponding quarter last year.

Despite the increase in expenses, Tracxn narrowed its net loss by 25.7% to Rs 4.13 crore in Q2 FY27, compared to a loss of Rs 5.56 crore in Q2 FY26.

44 crore in H1 FY26. 14 crore during the first half of FY27. 08, giving the company a market capitalization of approximately Rs 331 crore.



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