Tracxn Q2 Loss Narrows 26% YoY To Rs.4.1 Cr, Revenue Stays Flat
India, Nov. 4 -- Listed private market intelligence platform Tracxn Technologies reported a 25.8% decline in its net loss to Rs.4.1 Cr in the September quarter of FY27 (Q2 FY27) from Rs.5.6 Cr, helped by a lower tax charge. Sequentially, its loss widened 37.1% from Rs.3 Cr.
Operating revenue remained largely flat, rising 0.3% to Rs.21.3 Cr from Rs.21.2 Cr. The top line increased 1.1% from Rs.21.1 Cr in the preceding quarter.
The narrower YoY net loss reflects a change in tax expenses. Tracxn incurred a Rs.6.2 Cr tax charge in Q2 FY26, compared with a Rs.52 Lakh tax credit in the quarter under review.
Before tax, the company swung to a loss of Rs.4.6 Cr from a profit of Rs.62.4 Lakh a year earlier. Its pre-tax loss stood at Rs.2.8 Cr in...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.