Cartrade Tech Limited has informed the Exchange regarding a press release dated May 07, 2025, titled "CarTrade Tech Delivers Record Performance: Revenue at ₹711 Crs and Profit Surges 627% to ₹145 crs in FY25".
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CarTrade Tech reported record FY25 results, with revenue rising 28% year-on-year to ₹711 crores, the highest in its history. Profit after tax (PAT) surged 627% to ₹145.27 crores, up from ₹19.98 crores in FY24. In Q4FY25 alone, revenue grew 18% to ₹189.46 crores and PAT jumped 85% to ₹46.11 crores. The Consumer Group led growth with 29% revenue increase and 100% PAT growth, while the Remarketing business posted 12% revenue and 47% PAT growth, and OLX India's FY25 profits rose 72%. The company now has 500+ physical locations, ~74 million monthly unique visitors (95% organic), and over 150 million users across its platforms.
Strong beat on both revenue and profit, especially the 627% jump in FY25 PAT, signals improving operating leverage and could drive positive sentiment in the stock. Consistent segment-wise growth across consumer, remarketing, and OLX India reduces concentration risk and supports the bullish long-term thesis.