Cartrade Tech Limited has informed the Exchange regarding a press release dated July 28, 2025, titled "CarTrade Tech Profit Surges 106% to ₹47 crs Delivers Highest ever Revenue at ₹199 crs".
CARTRADE · price
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Awaiting price reaction for this filing.
CarTrade Tech reported its highest-ever quarterly revenue of ₹198.50 crores in Q1FY26, up 27% year-on-year. Profit after tax (PAT) surged 106% YoY to ₹47.06 crores, while EBITDA nearly doubled, growing 98% YoY to ₹43.51 crores. Profit before tax rose 132% YoY to ₹56.91 crores. All three business segments delivered strong growth: the Consumer Group posted 32% revenue and 79% PAT growth, the Remarketing Business saw 36% revenue and 258% PAT growth, and OLX India grew profits 71% YoY. Operationally, the company attracted around 75 million average monthly unique visitors, expanded to 500+ physical locations, and achieved a 1.4 million annualized run-rate of auction listings in its remarketing business.
This is a strong beat on profitability with PAT more than doubling, likely to be viewed positively by the market. The broad-based growth across segments and improving operating leverage signal healthy business momentum, though the stock reaction will depend on whether these results were already priced in.