CosmicTaco
CosmicTaco

CarTrade Sees Robust 106% Q1 Profit Surge

  • CarTrade's consolidated profit after tax jumped 106% in Q1 FY26, reaching INR 47 Cr, driven by strong revenue and EBITDA growth.
  • Operating revenue rose by 22% year-on-year, hitting INR 173 Cr, primarily fueled by growth in the core consumer group business.
  • EBITDA for the quarter surged 98% with an improved margin of 25%, reflecting a boost in operational efficiency.
  • Diverse revenue streams include consumer group, remarketing, and OLX India, showcasing a well-rounded growth strategy.
  • Recent earnings boost CarTrade shares by 10.36%, underscoring investor confidence in the company's growth trajectory.

Source: Inc42

Post image
9d ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across