Tracxn Technologies Limited has informed the Exchange regarding Approval of authorization to Key Managerial Personnel to make disclosures to theStock Exchanges.
TRACXN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited results for Q4 and FY25. The company swung to a net loss of Rs 10.04 crore in FY25, compared with a profit of Rs 6.08 crore in FY24. Revenue from operations fell to Rs 64.47 crore from Rs 82.77 crore YoY, though Q4 revenue rose modestly to Rs 21.14 crore. The loss was largely driven by a Rs 14.49 crore reversal of deferred tax assets on carry-forward business losses. The board also approved a buyback of up to 11.43 lakh shares (1.07% of paid-up capital) at Rs 70 per share, totalling up to Rs 8 crore, through the tender offer route, with promoters not participating. Additionally, the company announced the appointment of a new Company Secretary, a new secretarial auditor for five years, re-appointment of the Internal Auditor, and the re-appointment of the Managing Director, Executive Director, and four Independent Directors for five-year terms starting August 6, 2026.
The revenue decline and tax-driven swing to a loss are negatives, but the deferred tax reversal is a non-cash adjustment rather than an operational deterioration. The Rs 70 buyback price acts as a near-term floor for the stock and signals management confidence. Continuity in leadership through the re-appointments is reassuring for shareholders.