Tracxn Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
TRACXN · price
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Tracxn Technologies reported Q2 FY26 revenue from operations of ₹2,124.55 lakhs, roughly flat compared to ₹2,139.39 lakhs in Q2 FY25. Total income for the quarter was ₹2,248.67 lakhs and profit before tax was a modest ₹62.44 lakhs, down sharply from ₹230.69 lakhs a year ago. The company slipped into a net loss of ₹536.26 lakhs for the quarter, largely because it reversed ₹600.21 lakhs of deferred tax assets on carried-forward business losses, a one-time non-cash charge. For H1 FY26, revenue rose marginally to ₹4,244.88 lakhs from ₹4,193.35 lakhs, but the company still posted a loss of ₹444.29 lakhs. Operating cash flow for the half year improved to ₹775.48 lakhs (vs ₹464.72 lakhs in H1 FY25), and the company completed a share buyback of 10.66 lakh shares at ₹75 each during the quarter, reducing cash balances to ₹189.08 lakhs. The auditor (Price Waterhouse) issued an unqualified limited review report with no concerns raised.
The headline loss is driven primarily by a one-time deferred tax reversal rather than core business deterioration, but underlying profitability has clearly weakened with PBT falling ~73% YoY in Q2. For shareholders, the persistent losses, flat revenue, and reduced cash balance post-buyback signal ongoing pressure on the business, though improved operating cash flow is a positive sign.