Tracxn reported a ₹3 Cr loss in Q1 FY27, while revenue declined 0.6% YoY to ₹21.1 Cr
This is the fourth consecutive loss making quarter for the markets intelligence company, with loss rising 14% sequentially
While the company's total income stood at ₹22.6 Cr, expenses rose 18.4% YoY to ₹25.37 Cr
Market intelligence platform Tracxn
reported its fourth consecutive loss-making quarter in Q1 FY27, with consolidated net loss widening 14% to ₹3 Cr from ₹2.6 Cr in the previous quarter. The company had posted a net profit of ₹1.1 Cr in the year-ago quarter.
Operating revenue remained largely flat at ₹21.1 Cr during the quarter, declining 0.6% year-on-year from ₹21.2 Cr recorded in Q1 FY26. On a sequential basis, revenue grew 3% from ₹20.5 Cr. The company said that its India business brought ₹10.5 Cr to its revenue in the quarter while the remainder was brought in via its international business.
Including other income of ₹1.5 Cr, Tracxn’s total income for the quarter under review stood at ₹22.6 Cr, down 1% YoY. However, expenses rose 18% YoY to ₹25.4 Cr, putting pressure on profitability. Employee costs remained the largest expense, accounting for nearly 87% of total expenses.
The company’s EBITDA loss widened 21X to ₹4.2 Cr in Q1 FY27 from ₹20 Lakh in Q1 FY26.
On the operational front, the company said its customer accounts grew 16% YoY to 2,350 in Q1 FY27.
Further, the investment industry contributed 50% of Tracxn’s customer accounts, followed by corporates at 45%. Other segments, including educational institutions, government agencies and industry bodies, accounted for the remaining 5%.
Tracxn is also expanding its go-to-market operations and plans to nearly double its closing sales capacity from 34 members in December 2025 to 60 members by December 2026. The company expects the expansion to support new customer acquisition across India and international markets.
The market intelligence platform is also looking to double down on AI to reshape how users access data. The company has introduced an AI assistant on its platform that enables users to query data, conduct company due diligence, analyse competitors and carry out market research using its proprietary database.
It has also rolled out AI-powered workflows for investors, helping streamline tasks such as deal diligence, sector mapping, competitor benchmarking and startup scouting. Paid users can now access Tracxn’s intelligence through AI platforms including Claude, ChatGPT, Gemini and Cursor.
Shares of Tracxn ended today’s trading session 2.51% higher at ₹30.63 apiece on the BSE.
Source: Inc42 - Startups
