Tracxn Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on May 25, 2026.
TRACXN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tracxn Technologies reported audited financial results for FY2026 with revenue from operations of Rs. 8,397.43 Lakhs, marginally declining from Rs. 8,446.73 Lakhs in FY2025. The company reported a net loss of Rs. 789.02 Lakhs for the year, an improvement from the Rs. 954.41 Lakhs loss in FY2025. EBITDA before exceptional items showed a loss of Rs. 57.36 Lakhs. Exceptional items of Rs. 130.33 Lakhs were recorded due to the implementation of new Labour Codes (gratuity and compensated absences adjustments). Deferred tax assets of Rs. 600.21 Lakhs were reversed during the year based on reassessment of future taxable profits. Operating cash flow was negative at Rs. 329.68 Lakhs. The Board also approved appointment of M/s. M S K C & Associates LLP as new Statutory Auditor (replacing Price Waterhouse), re-appointed SPR & Co as Internal Auditor, and appointed Mr. Akshay Bhushan (Ventures Partner) as Additional Independent Director. The CSR Committee was dissolved as the company is not yet subject to CSR provisions.
Tracxn continues to incur losses with declining revenue, though the loss narrowed year-over-year. The negative operating cashflow and revenue decline signal ongoing business challenges. The clean audit opinion provides some comfort despite financial stress.