Net profit for the period jumped 54% year-on-year to ₹64.6 crore from ₹42 crore last year.
Revenue for the company increased by 20% from last year to ₹203 crore. The company had reported a topline of ₹169.5 crore in the same quarter last year.
Earnings Before Interest, Tax, Depreciation and Amortistion (EBITDA) for the quarter grew 55% on a year-on-year basis, to ₹71.4 crore from ₹46 crore, while margins expanded by 800 basis points to 35.2% from 27.2% last year.
Cartrade mentioned in an earnings release that it has attracted nearly 76 million average monthly unique visitors during the quarter, with 95% of that traffic being organic. The company now has presence in over 540 physical location.
The company also said that it has delivered its highest-ever annual revenues, profits and margins driven by strong growth across Consumer Group, Remarketing and OLX India businesses.
“Our businesses continue to benefit from strong consumer engagement, category leadership, deep dealer relationships and a predominantly organic traffic model. As we look ahead, we remain focused on building AI-led products and future-ready technology platforms that enhance customer experience, improve efficiencies and further strengthen our market leadership across the mobility and classifieds ecosystem,” said Vinay Sanghi, Chairman and Founder at CarTrade Tech.
Shares of Cartrade Tech are trading 12.6% higher at ₹2,035 after the earnings announcement. Despite today’s gain, the stock is down 28% so far this year.
First Published: May 7, 2026 12:19 PM IST
