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Tracxn slips into losses in Q4 FY25 amid flat revenue

EntrackrEntrackr · 10m ago
Tracxn slips into losses in Q4 FY25 amid flat revenue
Medial

Data and research platform Tracxn announced its financial results for the fourth quarter of the last fiscal year (Q4 FY25) on Monday. The firm slipped into losses during the quarter, while its revenue grew by a mere 5% over the same period. Tracxn's revenue from operations stayed flat at Rs 21 crore in Q4 FY25, compared to Rs 20 crore in Q4 FY24, its financial statements sourced from the National Stock Exchange (NSE) show. For the full fiscal year (FY25), Tracxn’s operating revenue increased 2% to Rs 84.5 crore in FY25 from Rs 83 crore in FY24. Tracxn generated its entire operating revenue from subscription sales, offering access to its data and software. However, the Bengaluru-based firm did not provide a detailed revenue breakdown for the quarter. The company also made Rs 1.5 crore from non-operating sources which took Tracxn’s total revenue to Rs 22.7 crore in the fourth quarter. Meanwhile, for the full fiscal year (FY25), total income stood at Rs 90.36 crore. Employee benefits remained the largest cost center for Tracxn, accounting for 86% of its total expenditure. These expenses increased by 5.6% year-on-year, rising to Rs 19.36 crore in Q4 FY25 from Rs 17.77 crore in Q4 FY24. Overall, Tracxn's total costs grew by approximately 10%, reaching Rs 22 crore in Q4 FY25. For the fiscal year ending March 2025, total expenses increased to Rs 84 crore. The stagnant revenue and a nearly 10% increase in overall costs caused Tracxn to slip into losses. The company’s loss after tax stood at Rs 8 crore in Q4 FY25 from a profit of Rs 1.42 crore in Q4 FY24. However, the company reported a profit before tax of Rs 73 lakhs. Meanwhile, for the full fiscal year (FY25), its losses stood at Rs 9.5 crore. The company recently approved an ESOP grant of over 2 lakh shares, valued at Rs 41.6 lakh. As of the last trading session, Tracxn’s share price was Rs 63, giving the company a market cap of Rs 674 crore ($79 million).

Delhivery slips into losses in Q2 FY26; revenue grows 17%

EntrackrEntrackr · 5m ago
Delhivery slips into losses in Q2 FY26; revenue grows 17%
Medial

Fintrackr All Stories Delhivery slips into losses in Q2 FY26; revenue grows 17% Logistics company Delhivery announced its Q2 FY26 results on Wednesday, reporting a 17% year-on-year increase in revenue. The Gurugram-based firm slipped into losses during the same period. Delhivery’s revenue from operations grew to Rs 2,559 crore in Q2 FY26 from Rs 2,190 crore in Q2 FY25, according to its financial statements filed with the National Stock Exchange (NSE). Delhivery's primary revenue sources were its logistics services, including warehousing, last-mile logistics, and designing and deploying logistics management systems. The firm also earned Rs 92 crore from non-operating activities, bringing its total revenue to Rs 2,651 crore in Q2 FY26. For Delhivery, freight handling and servicing costs made up 68% of its total expenditure, rising by 12.5% to Rs 1,843 crore in Q2 FY26. Employee benefit expenses decreased by 22% to Rs 425 crore. Legal, depreciation, and other overhead costs contributed to an 18% increase in overall expenditure, which reached Rs 2,708 crore in Q2 FY26 from Rs 2,294 crore in Q2 FY25. Delhivery's expenditure outpacing revenue resulted in a loss of Rs 50 crore in Q2 FY26, compared to a profit of Rs 10 crore in Q2 FY25. For the half-year, its profit decreased by 37% to Rs 40.5 crore in H1 FY26 as compared to Rs 64.5 crore in H1 FY25. At the end of the last trading session, Delhivery’s share price stood at Rs 486, giving the company a market capitalization of Rs 36,335 crore (approximately $4 billion).

The Man Company’s revenue declines to Rs 154 Cr in FY25; slips into losses

EntrackrEntrackr · 2m ago
The Man Company’s revenue declines to Rs 154 Cr in FY25; slips into losses
Medial

Emami-owned men’s grooming and personal care brand, The Man Company, saw its scale decline in the fiscal year ending March 2025, slipping into losses. The company’s revenue from operations declined by 16% to Rs 154 crore in FY25 from Rs 183 crore in FY24, according to its financial statements sourced from the Registrar of Companies (RoC). The sale of grooming products accounted for 97% of the revenue, while the rest came from shipping charges. Advertising costs emerged as the largest expense, rising over threefold to Rs 43 crore in FY25 from Rs 14 crore in FY24. Other major costs also increased, with discounts reaching Rs 18 crore, employee benefit expenses at Rs 10.5 crore, and the cost of materials nearly doubling to Rs 29.3 crore in FY25. Depreciation increased to Rs 6.2 crore, while other expenses fell to Rs 70 crore. Overall, The Man Company’s total expenses remained flat at Rs 177 crore in FY25, the same as the previous year. The decline in scale led the company into the red, recording a loss of Rs 22 crore in FY25 compared to a profit of Rs 9 crore in FY24. Its EBITDA margin fell to negative 9.74% from 6.78% the previous year. On a unit basis, the company spent Rs 1.15 to earn a rupee during the fiscal year. The Gurugram-based firm reported cash and bank balances of Rs 0.3 crore, with current assets at Rs 68 crore in FY25. Emami acquired The Man Company (TMC) for about Rs 400 crore, marking Emami's first D2C acquisition. The Man Company's competitors, Beardo and Ustraa, showed varied performances in FY25. Beardo's revenue increased to Rs 214 crore in FY25 from Rs 173 crore in FY24, with PAT rising by 258% to Rs 13 crore. Conversely, Ustraa's revenue declined by 22% to Rs 73 crore, but it narrowed its losses by 72% to Rs 14 crore in FY25. The Man Company's results underscore the challenges of D2C space acquisitions. Acquiring firms looking for high growth often face issues in a relatively unstructured environment. A heavy-handed approach post-acquisition can also stifle the agility that helped startups adapt to market changes. There is little doubt that The Man Company has lost some vitality post-acquisition.

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