Tracxn Reports Rs.3 Cr Loss In Q1, Revenue Flat At Rs.21 Cr
India, Aug. 5 -- Market intelligence platform Tracxn reported its fourth consecutive loss-making quarter, reporting a net loss of Rs.3 Cr in the June quarter (Q1 FY27). While the company's loss swelled 14% from Rs.2.6 Cr loss incurred in Q4, it had reported a profit of Rs.1.1 Cr in the year-ago quarter.
Operating revenue remained largely flat at Rs.21.1 Cr on a year-on-year (YoY) basis, dipping by a marginal 0.6% from Rs.21.2 Cr in Q1 FY26. On a sequential basis, the company's top line grew about 3% from Rs.20.5 Cr from last quarter.
Including other income of Rs.1.5 Cr, the company's total income for the quarter stood at Rs.22.6 Cr. While the company's total income dipped 1% YoY, its total expenses shot up 18% YoY to Rs.25.4 Cr.
(The s...
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