CARTRADE NSE filing

CarTrade Tech Q2 FY26: Revenue ₹222 Cr, PAT ₹64 Cr, Up 29% & 109% YoY

The RealCase readHigh impact Positive

CarTrade Tech's Q2 FY26 results show record revenue of ₹222 Cr, a 29% YoY increase, and PAT of ₹64 Cr, up by 109% YoY. All verticals achieved highest-ever profits, with strong growth in Consumer, Remarketing, and OLX India.

Why it matters

The substantial increase in revenue and profit, along with strong performance across all business segments, suggests a significant positive impact on the company's financial health and market position.

The market read

The announcement highlights record revenue and profit growth, indicating a strong financial performance and positive business momentum for CarTrade Tech.

* CarTrade Tech reports its best-ever performance with all three business verticals achieving their highest-ever revenue and profits. * Revenue reached ₹222 crore, a 29% increase year-over-year. * Profit After Tax (PAT) showed exponential growth, reaching ₹64 crore, a 109% increase year-over-year. * EBITDA increased by 46% compared to Q1 FY26. * The company has over 150 million users across its platforms, including CarWale, BikeWale, and OLX. * The Consumer Group saw a 37% increase in revenue and an 82% increase in PAT year-over-year, achieving a 40% EBITDA margin in Q2 FY26. * The Remarketing Business experienced a 23% revenue growth and a 30% PAT growth year-over-year. * OLX India's revenue increased by 17% and PAT grew by 213% year-over-year, with a 30% EBITDA margin in Q2 FY26. * CarTrade Tech has a strong cash balance of around ₹1,080 crore and is debt-free.

Filing to action

What to do with a filing like this

Cartrade Tech Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Cartrade Tech Limited. Read the original for the full detail.

View original filing