IPO-Bound Fractal Slips Into The Red In FY24

The SaaS unicorn registered a profit of INR 194.4 Cr in the fiscal year FY23 on the back of a INR 494.9 Cr gain from exception items in the previous fiscal

Enroute to IPO, Fractal turned into a public company in the fiscal year

The startup’s EBITDA for the fiscal year stood at INR 73.4 Cr as against an EBITDA loss of INR 118.3 Cr in the fiscal prior, its annual report showed

Enroute to public listing, SaaS unicorn Fractal Analytics reported a consolidated net loss of INR 54.7 Cr in the fiscal year 2023-24 (FY24) as against a profit of INR 194.4 Cr in the previous fiscal. While the startup had registered a gain of INR 494.9 Cr from exception items in FY23, it incurred a loss of INR 21.8 Cr in FY24 from it, the startup’s filings with the MCA revealed. 

However, the startup’s EBITDA for the fiscal year stood at INR 73.4 Cr as against an EBITDA loss of INR 118.3 Cr in the fiscal prior, its annual report showed. 

The SaaS startup’s revenue…