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Tracxn continues to report flat revenue in Q3 FY25; slips into losses

EntrackrEntrackr · 2d ago
Tracxn continues to report flat revenue in Q3 FY25; slips into losses
Medial

News All Stories Tracxn continues to report flat revenue in Q3 FY25; slips into losses Data and research platform Tracxn announced its financial results for the third quarter of FY26 on Thursday. The Bengaluru-based company reported flat revenue in Q3 FY26 with a loss of Rs 81 lakh. Mukul Manchanda 05 Feb 2026 16:40 IST Follow UsData and research platform Tracxn announced its financial results for the third quarter of FY26 on Thursday. The Bengaluru-based company reported flat revenue in Q3 FY26 with a loss of Rs 81 lakh. Tracxn's revenue from operations decreased marginally by 2% to Rs 21 crore in Q3 FY26, compared to Rs 21.4 crore in Q3 FY25, its financial statements sourced from the National Stock Exchange (NSE) show. Tracxn derived its entire operating revenue from subscription sales that provide access to its data and software. However, the firm did not disclose a detailed revenue breakdown for the quarter. The company also earned Rs 1.57 crore from non-operating sources. This took Tracxn’s total revenue to Rs 22.6 crore in the third quarter of FY26. Founded by Abhishek Goyal and Neha Singh, Tracxn specializes in tracking startups and private companies across diverse sectors. Backed by prominent investors like Accel Partners, Peak XV Partners, and Elevation Capital, Tracxn serves subscribers in over 40 countries. On the cost side, employee benefits remained the largest cost center for the company, which accounted for 88% of its total expenditure. This expense increased by 5.3% year-on-year to Rs 20 crore in Q3 FY26. Overall, Tracxn's total costs grew by approximately 8.6% to Rs 22.8 crore in Q3 FY26. The company booked Rs 94 lakh in exceptional items due to the statutory impact of new labour codes. This led to a loss of Rs 81 lakh in the quarter compared to a profit of Rs 1.42 crore in Q3 FY25. For the first nine months of FY26, Tracxn’s operating revenue stood at Rs 63.3 crore, while its losses surged over 2.6X year-on-year to Rs 5.25 crore. At the end of today’s trading session, Tracxn’s share price closed at Rs 34.55. This valued the company at a market capitalization of Rs 368.6 crore ($41 million). Notably, the company’s share price declined 34% from Rs 52.6 crore in last quarter and market Capitalization of Rs 559 crore ($63 million). Tracxn’s Q3 FY26 performance shows pressure on both growth and profitability. Operating revenue remained flat while costs, led by employee expenses, continued to rise, resulting in a loss. Exceptional items added to the impact during the quarter. With subscription revenue unchanged and losses widening over the nine-month period, the company needs to improve cost efficiency and revive growth to stabilise performance.

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Tracxn slips into losses in Q4 FY25 amid flat revenue

EntrackrEntrackr · 8m 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).

Tracxn profit drops 36% in Q3 FY25 amid flat revenue

EntrackrEntrackr · 12m ago
Tracxn profit drops 36% in Q3 FY25 amid flat revenue
Medial

Fintrackr Tracxn profit drops 36% in Q3 FY25 amid flat revenue The stagnant revenue and a nearly 10% increase in overall costs caused Tracxn's profits to drop significantly by 36%, falling to Rs 1.41 crore in Q3 FY25 from Rs 2.21 crore in Q3 FY24. Data and research platform Tracxn faced challenges in the last quarter as its revenue remained stagnant, while its profit declined by 36% in the quarter ending December 2024. Tracxn's revenue from operations stayed flat at Rs 21.39 crore in Q3 FY25, compared to Rs 21.14 crore in Q3 FY24, its unaudited financial statements sourced from the National Stock Exchange (NSE) show. 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 22.89 crore in the last quarter. Employee benefits remained the largest cost center for Tracxn, accounting for 89% of its total expenditure. These expenses increased by 10% year-on-year, rising to Rs 18.63 crore in Q3 FY25 from Rs 17 crore in Q3 FY24. Overall, Tracxn's total costs grew by approximately 9%, reaching Rs 20.98 crore in Q3 FY25. The stagnant revenue and a nearly 10% increase in overall costs caused Tracxn's profits to drop significantly by 36%, falling to Rs 1.42 crore in Q3 FY25 from Rs 2.22 crore in Q3 FY24. Founded by Abhishek Goyal and Neha Singh, Tracxn specializes in tracking startups and private companies across diverse sectors. Backed by prominent investors like Accel Partners, Peak XV Partners, and Elevation Capital, Tracxn serves subscribers in over 40 countries. As of the last trading session, Tracxn’s share price was Rs 69.5, giving the company a market cap of Rs 737.19 crore (around $85 million).

Swiggy crosses Rs 4,000 Cr revenue in Q3 FY25, InstaMart grows 2.1X

EntrackrEntrackr · 1y ago
Swiggy crosses Rs 4,000 Cr revenue in Q3 FY25, InstaMart grows 2.1X
Medial

Swiggy crosses Rs 4,000 Cr revenue in Q3 FY25, InstaMart grows 2.1X Swiggy’s food delivery business continues to be a major contributor, accounting for 34.23% of the total collection in Q3 FY25. Foodtech and quick commerce major Swiggy has managed a 31% year-on-year growth in its operating revenue which spiked to Rs 3,993 crore during Q3 FY25 as compared to Rs 3,048 crore in Q3 FY24. Swiggy’s food delivery business continues to be a major contributor, accounting for 34.23% of the total collection in Q3 FY25. Revenues from this vertical grew 3% to Rs 1,367 crore from Rs 1,326 crore in Q3 FY24. The company’s quick commerce segment also saw remarkable growth, with revenue surging by 113% to Rs 576 crore in Q3 FY25 from Rs 270 crore in Q3 FY24. The segment's gross order value (GOV) growth was driven by an increase in order frequency and the addition of new dark stores, contributing significantly to the company’s overall revenue.

FirstCry-parent posts Rs 2,172 Cr revenue in Q3 FY25, cuts losses by 70%

EntrackrEntrackr · 12m ago
FirstCry-parent posts Rs 2,172 Cr revenue in Q3 FY25, cuts losses by 70%
Medial

FirstCry-parent posts Rs 2,172 Cr revenue in Q3 FY25, cuts losses by 70% Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, has released its Q3 FY25 today. The report highlights sound financial growth, with a 14.3% year-on-year growth in scale and controlled losses by 70%. FirstCry's revenue from operations grew to Rs 2,172 crore in Q3 FY25 from Rs 1,900 crore in Q3 FY24, its unaudited financial statements sourced from the National Stock Exchange (NSE) show. The sale of its products through offline stores and websites in India and the international market was the primary source of revenue, accounting for nearly 82% of total operating revenue, while its subsidiary, GlobalBees, contributed Rs 422 crore. The company also made Rs 44 crore from interest income which took its overall revenue to Rs 2,217 crore in Q3 FY25, compared to Rs 1,936 crore in Q3 FY24. For the omnichannel retailer, the cost of procurement of materials accounted for 66% of the overall expenditure which increased 17% year-on-year to Rs 1,451 crore in Q3 FY25 from Rs 1,239 crore in Q3 FY24. FirstCry’s employee benefits stood at Rs 177 crore in Q3 FY25 which includes Rs 28 crore as ESOP cost. The marketing, legal, rent, and technology were other overheads that pushed the overall expenditure to Rs 2,210 crore in Q3 FY25 from Rs 1,978 crore in Q3 FY24. The decent scale and controlled expenditure helped FirstCry to reduce its losses by 70% to Rs 15 crore in the last quarter. Notably, the company reported a positive EBITDA of Rs 152 crore. As of the last trading session, FirstCry’s share price stood at Rs 419 per share, with a total market capitalization of Rs 21,753.8 crore (approximately $2.5 billion).

Swiggy posts Rs 6,148 Cr revenue in Q3 FY26, losses jump 32%

EntrackrEntrackr · 8d ago
Swiggy posts Rs 6,148 Cr revenue in Q3 FY26, losses jump 32%
Medial

Swiggy posts Rs 6,148 Cr revenue in Q3 FY26, losses jump 32% Foodtech and quick commerce major Swiggy has reported a 54% year-on-year growth in its operating revenue, which spiked to Rs 6,148 crore during Q3 FY26 as compared to Rs 3,993 crore in Q3 FY25. However, the Bengaluru-based company’s losses increased in the same period. Scootsy Logistics contributed a major 48% of Swiggy’s overall operating revenue. Income from this entity increased by 76% YoY to Rs 2,981 crore in Q3 FY26 from Rs 1,693 crore in Q3 FY25. Swiggy’s food delivery business continues to be one of the major contributors, accounting for 33% of the total collection in Q3 FY26. Revenues from this vertical grew 25% to Rs 2,039 crore from Rs 1,635 crore in Q3 FY25. The company’s quick commerce segment also saw remarkable growth, with revenue surging by 76% to Rs 1,016 crore in Q3 FY26 from Rs 577 crore in Q3 FY25. Swiggy’s Dine Out, Genie, Swiggy Mini and other non-operating income took its total revenue to Rs 6,244 crore in Q3 FY26. On the cost side, the procurement of FMCG products for supply chain distribution formed 38% of its overall cost, which increased by 76% to Rs 2,746 crore in Q3 FY26. Meanwhile, the delivery charges saw 36% growth to Rs 1,533 crore in Q3 FY26. Swiggy spent Rs 673 crore and Rs 1,108 crore on employee benefits and advertising, respectively. Overall, Swiggy’s total expenses for the quarter increased 49% to Rs 7,298 crore from Rs 4,898 crore in Q3 FY25. The company’s losses increased by 33% to Rs 1,065 crore in Q3 FY26 from Rs 803 crore in Q3 FY25. For the nine-month period, the company’s loss stood at Rs 3,354 crore. As of December 31, 2025, Swiggy had cash and cash equivalents of Rs 13,512 crore, which included Rs 9,931 crore from net QIP proceeds. The company also received around Rs 2,400 crore from the sale of its stake in Rapido, taking its proforma cash balance to about Rs 15,900 crore. Swiggy shares were trading at Rs 324 at the end of Thursday with a total market capitalization of Rs 89,392 crore.

Paytm posts Rs 1,828 Cr revenue and Rs 208 Cr loss in Q3 FY25

EntrackrEntrackr · 1y ago
Paytm posts Rs 1,828 Cr revenue and Rs 208 Cr loss in Q3 FY25
Medial

Fintech firm Paytm announced its financial results for the third quarter of the current fiscal year (Q3 FY25) on Monday. The Noida-based company reported revenue of Rs 1,828 crore and a net loss of Rs 208 crore for the period. According to Paytm’s unaudited consolidated quarterly report filed with the National Stock Exchange, its revenue from operations declined by 35.9% year-on-year from Rs 2,850 crore in Q3 FY24 to Rs 1,828 crore in Q3 FY25. However, on a quarter-on-quarter basis, the firm recorded a 10% increase in revenue compared to Q2 FY25 (the preceding quarter). Income from payment service revenue accounted for 55% of the total operating revenue which stood at Rs 1,003 crore in Q3 FY25 while the revenue from financial and marketing services were recorded at Rs 502 crore and Rs 267 crore in the same period. The company also added Rs 189 crore from other non-operating sources, bringing its overall revenue to Rs 2016.5 crore in Q3 FY25. For the fintech firm, its employee benefits remained the largest cost center accounting for 34% of the overall cost which decreased by 36% to Rs 756 crore in Q3 FY25. This includes Rs 182 crore as ESOP cost (non-cash). Its payment processing charges and marketing costs were reduced by 42% and 48.7% to Rs 570 crore and Rs 141 crore respectively in Q3 FY25 from Rs 982 crore and Rs 275 crore in Q3 FY24. Software, communication, legal, cashback, and other overheads took the total expenditure to Rs 2,220 crore in Q3 FY25 from Rs 3,216 crore in Q3 FY24. A reduction across all overhead departments enabled Paytm to narrow its losses by 6.3% to Rs 208 crore in Q3 FY25 from Rs 222 crore in Q3 FY24.

Tracxn losses rise 19% in Q2 FY26; revenue remains flat

EntrackrEntrackr · 3m ago
Tracxn losses rise 19% in Q2 FY26; revenue remains flat
Medial

Data and research platform Tracxn announced its financial results for the second quarter of FY26 on Wednesday. The firm’s revenue remained flat during Q2 FY26, while it slipped into losses on a quarter-on-quarter basis. Tracxn's revenue from operations decreased 1% to Rs 21.24 crore in Q2 FY26, compared to Rs 21.39 crore in Q2 FY25, its financial statements sourced from the National Stock Exchange (NSE) show. On a half yearly basis, Tracxn’s operating revenue increased by 1.2% to Rs 42.44 crore in H1 FY26 from Rs 41.93 crore in H1 FY25. 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 1.24 crore from non-operating sources which took Tracxn’s total revenue to Rs 22.48 crore in the second quarter. Employee benefits remained the largest cost center for Tracxn, accounting for 87% of its total expenditure. This expense increased by 4.6% year-on-year, rising to Rs 19 crore in Q2 FY26 from Rs 18.2 crore in Q2 FY25. Overall, Tracxn's total costs grew by approximately 6.7%, reaching Rs 21.86 crore in Q2 FY26. The company’s loss for the period decreased to Rs 5.56 crore in Q2 FY26 from Rs 4.65 crore in Q2 FY25. It's worth noting that the company had posted a profit of Rs 1.11 crore in the previous quarter (Q1 FY26). At the end of last trading day, Tracxn’s share price was trading at Rs 52.61, giving the company a market capitalization of Rs 559 crore ($63 million).

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

EntrackrEntrackr · 3m 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).

Skillmatics slips into losses in FY25; revenue up by 39%

EntrackrEntrackr · 4m ago
Skillmatics slips into losses in FY25; revenue up by 39%
Medial

Skillmatics slips into losses in FY25; revenue up by 39% Direct to consumer (D2C) educational product brand Skillmatics has managed to grow its operating scale by 39% during the fiscal year ending March 2025. However, the Mumbai-based firm slipped into losses due to higher employee costs in the same period. Skillmatics’ operating revenue grew 39% to Rs 103 crore in FY25 from Rs 74 crore in FY24, according to its financial statement filed with the Registrar of Companies (RoC). Founded in 2016, Skillmatics develops educational products and games for children aged under 10. Sale of these educational products accounted for 89% of the operating revenue. Including non-operating income of Rs 8.6 crore, its total income stood at Rs 111.6 crore during the year. Geographically, India accounted for 62% of the product sale which increased by 87% to Rs 58 crore in FY25. The remaining 38% of the product sale came from outside India which decreased by 16% to Rs 36 crore in FY25. The company’s expenses rose by 39% to Rs 114 crore in FY25 from Rs 82 crore in FY24. The largest cost component was cost of materials, which formed 44% of the total spend, growing 22% to Rs 50 crore in FY25 from Rs 41 crore in FY24. Employee benefits saw a 41% rise to Rs 24 crore, while charges doubled to Rs 18 crore. Other notable expenses included packing, storage & transportation (Rs 8 crore), product listing fees (Rs 3 crore), and other overheads (Rs 11 crore). The spike in expenses pushed Skillmatics into losses, with the company posting a net loss of Rs 2.5 crore in FY25 as against a profit of Rs 40 lakh in FY24. Its ROCE and EBITDA margin stood at -5.66% and -10.10%, respectively. On a unit level, Skillmatics spent Rs 1.11 to earn a rupee of operating revenue, a ratio that remained unchanged from the previous fiscal year. At the same time, cash and bank balances stood at Rs 45 crore, while current assets were valued at Rs 107 crore in FY25. According to TheKredible, Skillmatics has raised around $24 million of funding till date, having Peak XV Partners and Sofina as its lead investors. The company’s co-founders Dhvanil Sheth and Devanshi Kejriwal own 44% of the company.

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