Fewer retired greyhounds were euthanised last financial year and more were adopted into homes, according to TasRacing's recent annual report.
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The racing body had 790 racing greyhounds registered in 2018-19.
There were 224 greyhounds rehomed over the year and 137 euthanised.
These figures represented a rise in greyhound adoptions and 61 fewer euthanisations.
The report noted euthanisations occurred when a dog was injured during racing or had been deemed unsuitable to rehome.
TasRacing said dogs killed because of injury and illness had declined by 47 per cent over three years.
Dogs thought to be unsuitable for rehoming had dropped by 71 per cent over the same time.
The company reported a loss of $2.37 million over the financial year.
Company chairman Gene Phair said the loss was caused by an asset write-off of redundant track infrastructure at Elwick and $1.56 million in worker compensation claims.
Company chief executive Paul Eriksson said there was no significant long-term cashflow impacts for TasRacing or the industry as a result of the loss.
