Quarterly Result28 Jul 2025, 10:47 am
CarTrade Tech Profit Surges 106% to ₹47 crs, Delivers Highest Ever Revenue at ₹2199 crs
AI Summary
CarTrade Tech Limited announced its unaudited financial results for the quarter ended June 30th, 2025. The Company reported its highest-ever quarterly revenue of ₹3198.50 crores, representing a 27% year-on-year (YoY) growth, and Profit After Tax (PAT) of ₹347.06 crores, up 106% YoY. The Consumer Group delivered 32% YoY revenue growth and 79% YoY PAT growth. The Remarketing Business posted robust results with 36% YoY revenue growth and 258% YoY PAT growth. OLX India maintained momentum with 71% YoY growth in profits.
Key Highlights
- Revenue of ₹2198.50 crores in Q1FY26, resulting in YoY growth of 27%
- EBITDA of ₹243.51 crores in Q1FY26, resulting in YoY growth of 98%
- Profit before tax for the quarter is at ₹356.91 crores, resulting in YoY growth of 132%
- Profit after tax for the quarter is at ₹347.06 crores, resulting in YoY growth of 106%
- The Company attracted ~75 million average monthly unique visitors during Q1FY26, with 95% of the traffic being organic