Tracxn Technologies Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2025

Note to Adjustment - Other income includes other gains/ (losses) - net because no separate head for the same is provided. The Other income is Rs. 16.00 lakhs and Other gains/(losses) - net is Rs. 152.22 lakhs.

Notes:
1. This Statement of Unaudited Financial Results for the quarter ended June 30, 2025, have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 "Interim Financial Reporting" under Section 133 of Companies Act, 2013, and other accounting principles generally accepted in India, read with the relevant rules issued thereunder and in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ( "Listing Regulations").

2. The Company has, at various grant dates issued ESOPs to its employees at an exercise price equal to the face value of the Company's share, which were approved by the Nomination and Remuneration Committee and the Board of Directors. For the quarter ended June 30, 2025, an amount of Rs. 62.60 Lakhs (March 31, 2025: Rs. 129.75 Lakhs) has been recorded as employee stock option expense based on requirements in Ind AS 102,' Share-based payments'. The ESOPs granted and outstanding as at June 30, 2025, aggregates to 4,132,803 (March 31, 2025: 4,666,558).

3. During the quarter ended March 31, 2025 the management had reassessed the recoverability of deferred tax assets on carry forward business losses based on the availability of future taxable profits and had reversed deferred tax assets amounting to Rs.813.60 Lakhs. As at June 30, 2025, management has reviewed the recoveribility of deferred tax assets and concluded that no further adjustments are required.

4. During the current quarter ended June 30, 2025, the Board of Directors approved a buyback of equity shares in accordance with the provisions of Section 68 of the Companies Act, 2013 and SEBI (Buy-Back of Securities) Regulations, 2018. Special resolution through postal ballot was passed by the members of the Company on July 3, 2025 approving the Buyback. The Company is in the process of completing this transaction as of the reporting date. As of the reporting date, only expenses directly attributable to the buyback process have been incurred and accounted for. The extinguishment of shares is pending and is expected to be completed in due course within the stipulated timelines.

5. The figures for the quarter ended March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of that financial year which were subjected to review by the statutory auditors.

6. The Company's operations relate to only one reportable segment viz Platform Subscription. Accordingly, no separate disclosure of segment information is required.

7. The Statement of unaudited Financial Results for the quarter ended June 30, 2025 has been reviewed and recommended by the audit committee on August 7, 2025 and thereafter approved by the Board of Directors in their meeting held on August 7, 2025 .

8. The Company does not have any subsidiary / associate / joint venture company(ies).

9. Potentially issuable equity shares, on account or share options issued to employees, that could potentially dilute basic earnings per share, are not included in the calculation of diluted earnings per share if they are anti-dilutive for the period presented.

10. The Investors can visit the company's website www.tracxn.com for updated information.