CarTrade Tech Q2FY26 Earnings: Revenue Up 29%, Profit Surges 109%
CarTrade Tech's Q2FY26 earnings call transcript reveals a 29% revenue increase to ₹222 crore and a 109% profit surge to ₹64 crore, driven by strong performance across all verticals and increased digital adoption.
The substantial increase in revenue and profit, along with margin expansion, suggests a significant positive impact on the company's financial health and investor confidence.
The announcement highlights significant revenue and profit growth, indicating a strong financial performance and positive business momentum.
* CarTrade Tech's Q2FY26 earnings call transcript highlights a strong performance with a 29% increase in revenue, reaching ₹222 crore. * Profits surged by 109% to ₹64 crore. * Consolidated EBITDA margins grew from 21% to 33% year-on-year. * The company's cash balance stands at ₹1,080 crore. * Consumer group revenue increased by 37%, with an 82% profit growth. * Remarketing business revenue grew by 23%, with a 30% profit growth. * OLX India achieved its highest-ever revenue, with a 17% growth and a 213% profit growth; EBITDA margin reached 30%. * The company has over 500 physical locations. * Averages of 85 million MAUs across platforms. * Management commentary: This has been an extremely good quarter for the company. Every vertical has achieved its highest ever revenue and profits during the quarter and of course during the 6 months as well.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Cartrade Tech Limited. Read the original for the full detail.