Tracxn Slips Into The Red In Q4, Posts INR 7.6 Cr Loss

SUMMARY

In the preceding December quarter, the company had reported a similar profit of INR 1.4 Cr

The company’s top line rose 3.9% YoY to INR 21.1 Cr from INR 20.3 Cr in the year-ago quarter

The key reason for the loss during the quarter under review was the rise in tax expense, which ballooned to INR 8.3 Cr in the quarter from INR 46.2 Lakh in Q4 FY24

Market intelligence platform Tracxn slipped into the red in Q4 FY25, reporting a net loss of INR 7.6 Cr as against a profit of INR 1.4 Cr in the year-ago year quarter. In the preceding December quarter, the company had reported a similar profit of INR 1.4 Cr.

The key reason for the loss during the quarter under review was the rise in tax expense. Tracxn’s tax outgo jumped to INR 8.3 Cr in Q4 FY25 from INR 46.2 Lakh in the year-ago quarter.

Meanwhile, the company’s top line rose a mere 3.9% during the quarter under review. Operating revenue for Q4 FY25 stood at INR 21.1 Cr as against INR 20.3 Cr in the year-ago quarter. However, it declined from INR 21.4 Cr in Q3 FY25.

Tracxn managed to reduce its EBITDA loss to INR 80 Lakh during the quarter under review from INR 1.5 Cr in the year-ago period.

Including other income of INR 2.7 Lakh and an other gains component of INR 1.6 Cr, Tracxn’s total income for the quarter stood at INR 22.7 Cr. Meanwhile, total expenses in Q4 FY25 stood at INR 21.9 Cr, up 5% QoQ and 11% YoY.

Tracxn offers a market intelligence platform which provides data and software for the global private markets.

For the full fiscal FY25, it reported a net loss of INR 9.5 Cr as against a profit of INR 6.5 Cr in FY24. Operating revenue for the fiscal stood at INR 84.5 Cr, up 3% from INR 82.8 Cr.

The company saw a 6% YoY decline in its revenue from the international markets at INR 51 Cr. However, the India business registered a healthy growth, with revenue rising 18% YoY to INR 33.5 Cr.

The company said that its incremental revenue was offset by an increase in cost in FY25. It added that it will continue to invest “aggressively” across various growth initiatives.

In the March quarter, the company added 227 new clients, taking its total customer accounts to 1,926.

“In India, the volume growth accelerated from 20% YoY in FY24 to 65% YoY in FY25, which subsequently saw revenue growth accelerate. Similarly, we are seeing volume growth starting to happen in international customers,” Tracxn said in its investor presentation.

Shares of the company ended today’s trading session 0.19% lower at INR 63.01 on the BSE.