On July 29, 2026, CarTrade Tech Limited reported its unaudited consolidated financial results for the quarter ended June 30, 2026, as per the exchange filings.
The company showed a year-on-year increase in total income and net profit, reflecting its financial growth over the past year.
For the quarter ending June 30, 2026, CarTrade Tech Limited's total income increased by 15.7% year-on-year, reaching ₹229.74 crore. This is an improvement from ₹198.50 crore recorded in the same quarter of the previous year.
Additionally, the total income rose by 4.1% from ₹220.75 crore in the March 2026 quarter.
The company's net profit for the June 2026 quarter was ₹56.75 crore, marking a 20.6% increase compared to ₹47.06 crore in the corresponding quarter of the previous year.
However, there was a decline of 19.9% from the net profit of ₹70.85 crore in the March 2026 quarter.
For the financial year 2026, CarTrade Tech Limited reported a total income of ₹869.77 crore. The net profit for the same period stood at ₹243.51 crore, indicating the company's overall financial performance for the year.
Every single business vertical delivered double-digit top-line and bottom-line expansion during the opening quarter of FY27.
The Consumer Group led steady growth with an 18% increase in revenue and a 33% surge in EBITDA, maintaining a healthy 33% profit margin.
Concurrently, the Remarketing Business saw revenue rise 13% while its EBITDA jumped 38% year-on-year.
The standout performer of the quarter was OLX India, which saw its total income zoom by 29% year-on-year. OLX India’s individual EBITDA skyrocketed 76% to capture a highly efficient 29% operational margin.
The company significantly expanded its physical footprint across India to complement its massive online leadership.
CarTrade Tech now operates through more than 500 physical hubs, including Shriram Automall, CarWale abSure, and franchise outlets.
On the digital front, its flagship platforms engaged an average of 80 million unique monthly visitors. Out of this heavy traffic, an impressive 95% was generated organically without promotional spend.
Looking ahead, Chairman and Founder Vinay Sanghi announced the official rollout of VAYA AI, a strategic platform designed to enhance customer experiences and drive long-term digital automation.
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As of July 29, 2026, at 11:27 AM, CarTrade Tech share price on NSE was trading at ₹2,791.70, down by 5.77% from the previous closing price.
CarTrade Tech Limited's financial results for the June 2026 quarter indicate a 15.7% year-on-year increase in total income to ₹229.74 crore and a 20.6% rise in net profit to ₹56.75 crore, despite a quarterly decline in profit.
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Published on: Jul 29, 2026, 12:01 PM IST
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