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Tracxn Technologies Ltd Q1FY24; 18% fall in Profits

Founded in 2013, Tracxn Technologies provides market intelligence data for private companies. The company’s extensive global database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address their requirements.

Financial Results:

Tracxn Technologies Ltd reported Revenues for Q1FY24 of ₹19.82 Crores up from ₹18.40 Crore year on year, a rise of 7.72%.

Total Expenses for Q1FY24 of ₹19.85 Crores up from ₹18.24 Crores year on year, a rise of 8.83%.

Consolidated Net Profit of ₹0.69 Crores down 17.86% from ₹0.84 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.07, down 12.50% from ₹0.08 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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