CONNECT WITH US
Tech

Tech

Tracxn Q2 Loss Narrows 26% YoY To ₹4.1 Cr, Revenue Stays Flat

Inc42 - All News logo

Published on

Add as a preferred source on Google
Tracxn Q2 Loss Narrows 26% YoY To ₹4.1 Cr, Revenue Stays Flat

Listed private market intelligence platform Tracxn Technologies reported a 25.8% decline in its net loss to ₹4.1 Cr in the September quarter of FY27 (Q2 FY27) from ₹5.6 Cr, helped by a lower tax charge. Sequentially, its loss widened 37.1% from ₹3 Cr.

Operating revenue remained largely flat, rising 0.3% to ₹21.3 Cr from ₹21.2 Cr. The top line increased 1.1% from ₹21.1 Cr in the preceding quarter.

The narrower YoY net loss reflects a change in tax expenses. Tracxn incurred a ₹6.2 Cr tax charge in Q2 FY26, compared with a ₹52 Lakh tax credit in the quarter under review.

Before tax, the company swung to a loss of ₹4.6 Cr from a profit of ₹62.4 Lakh a year earlier. Its pre-tax loss stood at ₹2.8 Cr in Q1 FY27.

The Bengaluru-based company provides private-company data and software to venture capital firms, private equity firms, investment banks, and corporate teams.

Total income, including other income and gains, stood at ₹22.7 Cr, compared with ₹22.5 Cr in Q2 FY26 and ₹22.6 Cr in the preceding quarter.

Tracxn’s total expenses rose 25% YoY to ₹27.3 Cr from ₹21.9 Cr. Sequentially, expenses increased 7.7% from ₹25.4 Cr.

For the first half of FY27, operating revenue declined marginally to ₹42.4 Cr from ₹42.5 Cr in the corresponding period last fiscal.

Total expenses increased 21.7% YoY to ₹52.7 Cr from ₹43.3 Cr, while net loss widened 60.6% to ₹7.1 Cr from ₹4.4 Cr.

Tracxn reported a net cash outflow of ₹6 Cr from operating activities in H1 FY27, against an inflow of ₹1 Cr a year earlier.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.