CarTrade Tech Ltd, a leading multi-channel auto platform operating brands like CarWale, CarTrade, BikeWale, and more, connecting new and used vehicle buyers and dealers, reported stellar financial performance for Q2FY26.
Financial Highlights:
- Revenues increased 25.32% year-on-year to ₹193 crore from ₹154 crore, with total income including other income at ₹222 crore.
- Total expenses rose 4.41% to ₹142 crore from ₹136 crore, reflecting cost efficiencies.
- Consolidated net profit surged 106.45% to ₹64 crore from ₹31 crore.
- Earnings per share improved 112.73% to ₹12.53 from ₹5.89.
Growth driven by strong volume increases, AI platform innovations, and expansion across consumer, remarketing, and classifieds segments.
Outlook:
CarTrade Tech Ltd aims to sustain ~20% revenue growth, enhance monetization, and expand digital auto ecosystem leadership.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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