CarTrade Tech Ltd

OLX India, a platform owned by CarTrade Tech, announced that its Elite Buyer program saw over 80,000 sign-ups in May 2026. This program aims to enhance the buyer experience by attracting serious, high-intent buyers, leading to improved discovery and a more seamless transaction process. The initiative is already contributing to revenue growth and is projected to be a significant future growth driver. OLX India plans to introduce AI-led features like matchmaking and pricing guidance, along with a hyperlocal service model for faster seller-to-buyer transactions, further strengthening trust and efficiency on the platform.

CarTrade Tech Ltd (NSE: CARTRADE | BSE: 543333) announced it has achieved over 50% year-on-year EBITDA growth in each of the last 12 consecutive quarters. During this period, EBITDA margins expanded from approximately 3% to 35%. The company attributes this performance to its strong brand, network effects, technology, business model, and operating discipline. Over the last three years, CarTrade Tech has demonstrated profitable growth with investments in product, technology, and AI.

CarTrade Tech Ltd's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The meeting was held on May 07, 2026, concluding at 11:25 a.m. Statutory auditors, S.R. Batliboi & Associates LLP, issued audit reports with an unmodified opinion on the financial results. The results and audit reports are available on the company's website.

CarTrade Tech Ltd has announced a change in its registered office address. The Board of Directors approved the shifting of the registered office from 12th Floor, Vishwaroop IT Park, Sector 30A, Vashi, Navi Mumbai to 1st Floor, Plot No. D-507, Shree Sawan Knowledge Park, TTC MIDC Industrial Area, Turbhe, Navi Mumbai, effective June 01, 2026. The new office remains within the same city.

CarTrade Tech Ltd announced its FY26 financial results, reporting record revenues, profits, and margins. Revenue for FY26 stood at ₹870 crores, a 22% YoY increase. EBITDA grew 70% YoY to ₹257 crores, with EBITDA margins at 33%. Profit After Tax (PAT) increased by 68% YoY to ₹244 crores. For Q4FY26, revenue was ₹221 crores, up 17% YoY, with PAT surging 54% to ₹71 crores.

CarTrade Tech Ltd's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, during its meeting on May 07, 2026. The statutory auditors, S.R. Batliboi & Associates LLP, issued audit reports with an unmodified opinion on the financial results. The results and audit reports are available on the company's website.

CarTrade Tech Ltd has announced a meeting of its Board of Directors on May 7, 2026, to consider and approve the standalone and consolidated audited financial results for the fourth quarter and financial year ended March 31, 2026. The trading window for dealing in the company's securities is closed from April 1, 2026, until 48 hours after the declaration of the results, i.e., until May 9, 2026.

CarTrade Tech Ltd's Chief Strategy Officer, Varun Sanghi, has been appointed as the Non-Executive Chairman of OLX India, a material wholly owned subsidiary of the Company. Sanghi has been associated with CarTrade Tech for over a decade and has played a pivotal role in various areas including corporate finance, business development, product development, and strategic investments. He was instrumental in the acquisition of OLX India in 2023 and has led post-integration initiatives, accelerating growth and building the platform at scale. As Chairman, Sanghi will provide strategic insights and guide the company through its next phase of growth, focusing on innovation, trust, and customer-centricity.

CarTrade Tech Limited has announced the closure of its trading window for dealing in the company's securities. The closure will begin on Wednesday, April 01, 2026 and will remain in effect until 48 hours after the declaration of the audited Standalone & Consolidated Financial Results for the quarter and year ending on March 31, 2026. This move is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's code of conduct for prevention of insider trading. Designated persons and their immediate relatives are prohibited from entering into any transaction involving dealing/trading in securities of the company during this period.

CarTrade Tech Limited, India's leading digital marketplace, has announced the launch of SuperDost, an AI-powered transaction tool designed to power instant transactions between high-intent buyers and sellers for Automobiles and Used Products. SuperDost uses the combined scale and proprietary data of over 85 million unique monthly visitors across OLX India and CarWale to drive real-time and instant, high-intent transactions. The company has reported consistent growth over the last three years with a Revenue CAGR of 32%, EBITDA CAGR of 112%, PAT CAGR of 83%, and EPS CAGR of 92%. SuperDost is designed for instant, intelligent matchmaking at scale, bringing together the Company’s Consumers, Dealers and Partners across Automobiles and Used Products within a unified AI-powered interface.