FilingReader Intelligence

OLX India records highest-ever revenue, strong Q2 FY26 expected

September 2, 2025 at 08:10 AM UTCBy FilingReader AI

OLX India, a CarTrade Tech Limited company, disclosed record revenues for July and August 2025, with anticipated strong growth in Q2 FY26. The company attributes this performance to rising consumer demand across both auto and non-auto categories, serving approximately 180 million unique users annually. OLX projects a 15% year-over-year revenue growth for Q2 FY26, which is expected to result in its highest-ever revenues and profits, solidifying its position as India’s leading platform for used cars and products.

The company anticipates proposed GST reforms will act as a catalyst, making ownership more affordable and accelerating upgrade cycles across auto and non-auto sectors. OLX India is strategically positioned to benefit from this market momentum due to its extensive brand and scale, diverse category breadth—including electronics, real estate, furniture, and jobs—and a deep network of verified dealers.

Further contributing to its growth are product innovations, such as AI-led personalization and enhanced safety features. OLX India is leveraging these factors to drive India's sustainable consumption movement and expects to maintain its leadership in the used-products economy.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:CARTRADEBombay Stock Exchange

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