Cartrade Tech Limited has informed the Exchange about Transcript
CARTRADE · price
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Awaiting price reaction for this filing.
CarTrade Tech reported its best-ever annual performance, with FY25 revenue growing 28% to Rs. 711 crores and profit after tax surging 627% to Rs. 145 crores. Q4 alone delivered the highest-ever quarterly profit of Rs. 46.1 crores on revenue of Rs. 189.5 crores, with EBITDA margin at 29%. The consumer group (CarWale, BikeWale) grew 30% quarter-on-quarter with 100% profit growth, remarketing business (Shriram Automall) grew 12% with 47% profit increase, and OLX posted 12% revenue growth with 72% profit jump. Cash balance rose to Rs. 954 crores from Rs. 750 crores a year ago. Management expressed strong optimism on continued margin expansion, stating margins could become 'best in class, not only India and best in the world'.
Strong positive for shareholders — record profitability, robust cash generation, and management's confident guidance on sustained margin expansion should support sentiment. However, management declined to give specific data on repossession volumes and OLX monetization metrics, which may leave some analyst questions unanswered.