Quarterly Updates2 Sept 2025, 01:34 pm
OLX India Achieves Record Revenues, Anticipates Strongest Quarter Yet
AI Summary
OLX India, a trusted digital marketplace for used cars, two-wheelers, real estate, jobs, electronics and goods, announced it achieved its highest-ever monthly revenue in July and August 2025. The platform powers approximately 180 million unique users in a year and anticipates a strong revenue growth of approximately 15% Y-o-Y in Q2 FY26. The proposed GST reform is expected to act as a catalyst across both auto and non-auto sectors, making ownership more affordable and driving faster upgrade cycles.
Key Highlights
- OLX India achieved its highest-ever monthly revenue in July and August 2025
- The platform powers approximately 180 million unique users in a year
- OLX India anticipates a strong revenue growth of approximately 15% Y-o-Y in Q2 FY26
- The proposed GST reform is expected to act as a catalyst across both auto and non-auto sectors
- OLX India is uniquely positioned to benefit from this industry momentum due to its brand, scale, category breadth, dealer ecosystem, and product innovation