Tracxn Reports Q2 FY27 Results with Stable Revenue and Reduced Losses

Tracxn, a data intelligence platform, disclosed its financial performance for Q2 FY27, highlighting a relatively stable revenue stream during the quarter, alongside a year-on-year decrease in losses. The company’s operational revenue saw a slight rise of 0.2%, reaching Rs 21.30 crore, compared to Rs 21.25 crore during the same period in the previous fiscal year, as per the financial data obtained from the National Stock Exchange (NSE).

Tracxn’s revenue primarily comes from subscription sales, granting users access to its data and software services. Nevertheless, the company opted not to provide a detailed breakdown of its revenue for the quarter.

Non-Operating Income and Total Revenue

Additionally, Tracxn generated Rs 1.38 crore from non-operational activities, resulting in a total income of Rs 22.70 crore for Q2 FY27.

Expenditure Analysis

The largest expense category for the company was employee benefits, which rose by 22.5% to Rs 23.33 crore, constituting 85.4% of total expenditures for the quarter. Depreciation expenses increased to Rs 7.5 lakh, compared to Rs 4 lakh in Q2 FY26. There was also a significant rise in other expenses, which surged by 41% to Rs 3.92 crore.

Overall, Tracxn’s expenses escalated by 25%, amounting to Rs 27.32 crore in Q2 FY27, up from Rs 21.86 crore during the same quarter last year.

Net Loss Performance

In spite of the rising costs, Tracxn successfully reduced its net loss by 25.7%, reporting a loss of Rs 4.13 crore for Q2 FY27, compared to Rs 5.56 crore in Q2 FY26.

Half-Yearly Summary

When looking at the first half of FY27, Tracxn’s revenue from operations remained nearly unchanged at Rs 42.38 crore, a slight decline from Rs 42.44 crore in H1 FY26. Nonetheless, the company’s net loss for this period expanded by 60.8% to Rs 7.14 crore.

By the end of trading on Wednesday, shares of Tracxn valued at Rs 32.08, resulting in a market capitalisation of roughly Rs 331 crore.