CarTrade Tech announced record Q3 FY26 revenue of ₹228.37 crores, up 18% YoY. EBITDA surged by 56% to ₹78.25 crores with margins reaching 37%. Profit after tax (PAT) increased by 35% to ₹61.52 crores. The company reported strong performance across all business segments.
Exceptional Financial Performance
CarTrade Tech reported its financial results for the quarter ended December 31, 2025, showcasing the highest-ever quarterly revenue of ₹228.37 crores, an increase of 18% compared to the previous year. EBITDA grew significantly by 56% to reach ₹78.25 crores. The Profit After Tax (PAT) amounted to ₹61.52 crores, reflecting a 35% year-over-year growth. Excluding the impact of the New Labour Code, PAT would have been ₹68.03 crores, representing a 49% growth. EBITDA margins hit a record high of 37% during the quarter.
Key Financial Highlights
Here are the key consolidated financial highlights:
- Total Income in Q3 FY26: ₹228.37 crores, up 18% YoY
- EBITDA in Q3 FY26: ₹78.25 crores, up 56% YoY, with a margin of 37%
- Profit before tax for the quarter: ₹77.99 crores, up 46% YoY
- Profit after tax for the quarter: ₹61.52 crores, up 35% YoY
Nine-Month Performance
The company also highlighted its performance for the nine months ended December 31, 2025:
- Total Income in 9M FY26: ₹649.02 crores, up 24% YoY
- EBITDA in 9M FY26: ₹185.35 crores, up 77% YoY, with a margin of 32%
- Profit before tax for 9M FY26: ₹214.83 crores, up 87% YoY
- Profit after tax for 9M FY26: ₹172.66 crores, up 74% YoY
Segment Performance
CarTrade Tech delivered strong revenue and profit across all its business segments:
- Consumer Group: Revenue increased by 27%, EBITDA growth of 55% YoY, with an EBITDA margin of 43% in Q3 FY26.
- Remarketing Business: Revenue increased by 12%, PAT increased by 68% YoY, with an EBITDA margin of 30% in Q3 FY26.
- OLX India: Revenue increased by 18%, EBITDA growth of 70% YoY, with an EBITDA margin of 37% in Q3 FY26.
Operational Success
The company’s operational achievements include:
- Engaging approximately 85 million average monthly unique visitors during Q3 FY26, with organic traffic contributing to 95%.
- Operating across more than 500 physical locations, including Shriram Automall, CarWale abSure, and Signature dealerships, as well as OLX India franchise outlets.
- Flagship digital platforms (CarWale, BikeWale, and OLX India) catering to more than 150 million annual unique visitors.
- Remarketing business achieving an annualized run-rate of 1.9 million auction listings.
Source: BSE
