CarTrade Tech reports record Q1 revenue, profit surges 106%

CarTrade Tech Limited reported record quarterly revenue of ₹199 crores in Q1 FY26, up 27% year-on-year. Profit after tax surged 106% to ₹47.06 crores, while EBITDA increased 98% to ₹43.51 crores.

The Consumer Group showed strong performance with 32% revenue growth and 79% profit growth. The Remarketing business delivered 36% revenue growth and 258% profit growth.

OLX India maintained momentum with profits up 71% year-on-year. The company attracted approximately 75 million average monthly unique visitors.