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

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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…



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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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.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.

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