OLX India achieves record revenues, anticipates strong Q2 FY26
The positive performance of OLX India, a business in which CarTrade Tech has a strategic partnership, can have a moderate impact on CarTrade's overall prospects.
The announcement highlights record revenues and anticipates strong growth in the coming quarter, indicating a positive financial outlook for OLX India.
* OLX India reported its highest-ever monthly revenue in July and August 2025, driven by strong consumer adoption. * The platform powers approximately 180 million unique users annually. * OLX projects a strong revenue growth of approximately 15% Y-o-Y for Q2 FY26, expecting record revenues and profits. * The company anticipates that the proposed GST reduction will boost demand for used cars and products. * Siddharth, Head of Auto Business, OLX India, mentioned record engagement from consumers and dealers, leading to double-digit revenue growth and confidence in a landmark quarter for the auto business. * Olive, Head of Non-Auto, OLX India, highlighted consumer trust across various categories and expects the GST-led affordability boost to drive momentum for the used-products economy.
What to do with a filing like this
Cartrade Tech Limited filed this with the NSE as a statutory disclosure, categorised under results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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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.