Cartrade Tech Limited has informed the Exchange regarding Board meeting held on July 28, 2025.
CARTRADE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CarTrade Tech's board, at its meeting on July 28, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Consolidated revenue from operations grew about 22% year-on-year to ₹17,304 lakhs, up from ₹14,152 lakhs in Q1 FY25. Consolidated profit after tax more than doubled to ₹4,706 lakhs from ₹2,290 lakhs, while profit before tax jumped to ₹5,691 lakhs from ₹2,450 lakhs. Basic EPS rose to ₹9.03 from ₹4.72. All three segments — Consumer, Remarketing, and Classifieds — posted year-on-year revenue growth, with Remarketing up nearly 35% and Consumer up about 32%. On a standalone basis, profit after tax rose to ₹2,299 lakhs from ₹1,288 lakhs, with basic EPS of ₹4.84. The statutory auditors' limited review report had no qualifications.
The results show strong topline growth and a sharp jump in profits, driven by gains across all business segments and higher other income from financial assets. This is a positive earnings update for shareholders, though a large chunk of other income came from fair-value gains on investments rather than core operations.