Cartrade Tech Q3FY26 Revenue Hits Record ₹228 Cr, EBITDA Zooms 56% to ₹78 Cr
CarTrade Tech reported record Q3FY26 revenue of ₹228.37 crores, up 18% YoY. EBITDA surged 56% to ₹78.25 crores, with margins at 37%. PAT grew 35% to ₹61.52 crores. For 9MFY26, revenue was ₹649.02 crores (up 24% YoY) and EBITDA was ₹185.35 crores (up 77% YoY). Chairman Vinay Sanghi highlighted strong operating leverage and investment in future technologies.
The announcement details record financial results and strong growth across key metrics and business segments, which is likely to have a significant positive impact on investor sentiment and the company's valuation.
The company reported record revenues, significant EBITDA growth, and all-time high EBITDA margins, indicating strong financial performance and operational efficiency.
CarTrade Tech Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported its highest-ever quarterly revenue of ₹228.37 crores for Q3FY26, marking an 18% year-over-year (YoY) growth.
EBITDA saw a significant surge of 56% YoY to ₹78.25 crores, with EBITDA margins reaching an all-time high of 37%. Profit After Tax (PAT) grew by 35% YoY to ₹61.52 crores. Excluding the impact of the New Labour Code, PAT was ₹68.03 crores, reflecting a 49% YoY growth.
For the nine-month period ended December 31, 2025 (9MFY26), total income grew 24% YoY to ₹649.02 crores. EBITDA increased by 77% YoY to ₹185.35 crores, and PAT rose by 74% YoY to ₹172.66 crores.
Performance across business segments was robust. The Consumer Group reported a 27% revenue growth and 55% EBITDA growth with 43% EBITDA margins. The Remarketing Business saw a 12% revenue growth and 68% PAT growth with 30% EBITDA margins. OLX India reported an 18% revenue growth and 70% EBITDA growth with 37% EBITDA margins.
Operationally, the company engaged approximately 85 million average monthly unique visitors in Q3FY26, with 95% coming from organic traffic. CarTrade Tech now operates across over 500 physical locations. Its digital platforms, including CarWale, BikeWale, and OLX India, collectively cater to over 150 million annual unique visitors.
Mr. Vinay Sanghi, Chairman and Founder, stated, "We are pleased to deliver a record quarter, marked by strong operating leverage and our highest-ever revenues at 228 crores, across each of our businesses. This translated into significant margin expansion, with EBITDA at 78.25 crores and margins reaching an all time high of 37%. The consistent performance across quarters underscores the strength of our diversified digital ecosystem. We will continue to invest in future technologies and platform capabilities to deepen engagement."
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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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