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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. Tracxn’s operating revenue for Q4 FY25 stood at INR 21.1 Cr as against INR 20.3 Cr in the year-ago quarter. However, operating revenue declined from INR 21.4 Cr in Q3 FY25.
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. Its total expenses for the quarter stood at INR 21.9 Cr, up 5% QoQ and 11% YoY.
For the full fiscal FY25, Tracxn reported a net loss of INR 9.5 Cr as against a profit of INR 6.5 Cr in the previous year. Operating revenue for the fiscal stood at INR 84.5 Cr, up 3% from INR 82.8 Cr.
(The story will be updated soon.)
The post Tracxn Slips Into The Red In Q4, Posts INR 7.6 Cr Loss appeared first on Inc42 Media.
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