Tracxn Technologies Reports Q1 Results: Revenue Growth and Return to Profitability
Tracxn Technologies Limited announced its Q1 financial results, showing revenue growth and a return to profitability. The company reported revenue from operations of Rs 21.20 crore, a 3.2% increase year-over-year. It posted a net profit of Rs 1.12 crore, compared to a loss of Rs 7.58 crore in the previous quarter. Total income rose to Rs 22.89 crore from Rs 21.95 crore. The company approved a share buyback and reported 4,132,803 outstanding ESOPs as of June 30.
Tracxn Technologies has concluded its share buyback program, repurchasing 10,66,666 equity shares at INR 75.00 per share, totaling INR 8.00 crores. The buyback was oversubscribed 6.55 times, with 4,425 valid bids received for 69.86 lakh shares. The buyback represented 23.70% of the company's paid-up capital and free reserves. Post-buyback, the company's paid-up capital will decrease from INR 10.72 crores to INR 10.61 crores. The promoter group's shareholding increased slightly from 33.95% to 34.29%.
24Jul 25
Tracxn Technologies Announces Share Buyback: 10.67 Lakh Shares at ₹75 Each
Tracxn Technologies Limited plans to repurchase 10,66,666 equity shares (1.51% of total paid-up equity) at ₹75.00 per share through a tender offer. The buyback period is set for July 24-30, 2025, with a record date of July 18, 2025. Shareholders can tender 5 shares for every 332 held. The process will be conducted via the National Stock Exchange, adhering to SEBI regulations.
22Jul 25
Tracxn Technologies Announces Share Buyback of 10.67 Lakh Shares at Rs 75 Per Share
Tracxn Technologies Limited has approved a share buyback program of up to 10,66,666 equity shares at Rs 75 per share through a tender offer route. The total buyback amount is set at Rs 7.99 crores, representing 0.99% of the company's total paid-up equity capital. The buyback price offers a 38.57% premium over the three-month volume weighted average price on NSE. The buyback is scheduled from July 24 to July 30, 2025, with a record date of July 18, 2025. Notably, the company's promoters, holding a 33.95% stake, have decided not to participate in the buyback.
17Jul 25
Tracxn Technologies Boosts Buyback Price to ₹75, Adjusts Share Count
Tracxn Technologies Limited has modified its share buyback program. The buyback price has been increased from ₹70 to ₹75 per equity share, a 7.14% rise. Simultaneously, the maximum number of shares to be repurchased has been reduced from 11,42,857 to 10,66,666, representing approximately 0.99% of the company's total equity shares. The changes were approved by the Buyback Committee and promptly communicated to stock exchanges.
10Jul 25
Tracxn Technologies Approves Share Buyback at 21% Premium
Tracxn Technologies shareholders have approved a share buyback program. The company will repurchase up to 11,42,857 shares at Rs 70.00 per share, a 21.00% premium over the current market price. The total buyback value is capped at Rs 7.99 crore, representing 1.07% of total equity. The buyback will be conducted via tender offer with a record date of July 18, 2025.
27May 25
Tracxn Tech Reports Q4 Loss, Announces Share Buyback Program
Tracxn Technologies Limited reported a net loss of 75.80 million rupees in Q4, despite a 4.14% increase in revenue to 211.40 million rupees. The company announced a share buyback program of up to 1.10 million shares at 70.00 rupees per share. For FY 2024, Tracxn Tech saw a 7.14% increase in revenue to 87.00 crore rupees and a 76.92% rise in operating profit to 4.60 crore rupees. However, net profit declined by 80.36% to 6.50 crore rupees, with EPS dropping to 0.61 rupees.
Tracxn Tech has unveiled a share buyback program of up to 1.1 million shares at ₹70 per share. The company's Q4 results show a 4.14% revenue increase to ₹211.40 crore, but profitability declined significantly. EBITDA fell by 61.05% to ₹7.40 crore, with the EBITDA margin dropping to 3.48%. The company reported a net loss of ₹75.80 crore, compared to a profit of ₹14.30 crore in the same quarter last year.