CarTrade Tech Share Price Falls Over 16% After Q2 FY27 Earnings Results: Total Income Up 6.3% YoY

On October 28, 2026, CarTrade Tech Limited reported its unaudited consolidated financial results for the quarter ending September 30, 2026, showcasing a growth in both total income and net profit, as per the exchange filings.  

The company's total income increased by 6.3% year-on-year (YoY) to ₹236.23 crore, while net profit rose by 2.9% YoY to ₹65.95 crore. 

CarTrade Tech Q2 FY27 Earnings Results 

For the September 2026 quarter, CarTrade Tech's total income reached ₹236.23 crore, marking a 6.3% increase from ₹222.14 crore in the same quarter of the previous year. Compared to the June 2026 quarter, the income showed a 2.8% rise from ₹229.74 crore.  

Net profit for the quarter stood at ₹65.95 crore, up 2.9% YoY from ₹64.08 crore and a 16.2% increase from ₹56.75 crore in the June 2026 quarter. 

Half-Yearly Financial Overview 

For the half-year ending September 30, 2026, CarTrade Tech's total income was ₹465.96 crore, reflecting a 10.8% YoY growth from ₹420.64 crore in the corresponding period of the previous year. The net profit for this period was ₹122.71 crore, up 10.4% YoY from ₹111.14 crore. 

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Annual Financial Highlights 

For the fiscal year 2026, CarTrade Tech reported a total income of ₹869.77 crore. The net profit for the year was ₹243.51 crore, indicating a robust financial performance for the company. 

Subsidiary and Operational Metrics 

OLX India, a subsidiary of CarTrade Tech, maintained strong business momentum in the second quarter. Its segment revenue increased by 26% YoY, with standalone EBITDA rising by 36%.  

The group's platforms attracted approximately 76 million average monthly unique visitors, with 96% of the traffic being organic. The remarketing auction business achieved an annualized run-rate of 1.6 million listings. 

Executive Commentary and Network 

Chairman Vinay Sanghi highlighted the implementation of advanced technology and artificial intelligence to enhance user experiences across digital marketplaces. CarTrade Tech operates a nationwide network with over 500 physical locations, including key platform brands like CarWale, BikeWale, Shriram Automall, and OLX India. 

CarTrade Tech Share Price Performance 

As of October 28, 2026, at 12:32 PM, CarTrade Tech share price on NSE was trading at ₹2,344.70, down by 16.89% from the previous closing price. 

Conclusion 

CarTrade Tech's Q2 2026 results show a 6.3% YoY increase in total income to ₹236.23 crore and a 2.9% rise in net profit to ₹65.95 crore. The half-yearly income grew by 10.8% YoY to ₹465.96 crore, with net profit up 10.4% YoY to ₹122.71 crore. 

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