CarTrade Tech Limited has reported its strongest financial performance to date for FY26, driven by significant growth across its Consumer Group, Remarketing, and OLX India business segments. The company achieved ₹870 crore in annual revenue and a profit after tax of ₹244 crore, marking a 68% year-on-year increase. These record-breaking results reflect the success of the company’s robust digital-first strategy and its expanding footprint in the Indian automotive marketplace ecosystem.
Record Financial Growth in FY26
For the financial year ended March 31, 2026, CarTrade Tech delivered a landmark performance. Total annual revenue reached ₹870 crore, representing a 22% growth compared to the previous year. Profitability also surged, with the annual Profit After Tax (PAT) climbing to ₹244 crore. The company’s EBITDA witnessed a robust 70% increase to ₹257 crore, with margins reaching an all-time high of 33%.
Fourth Quarter Performance
The final quarter of the fiscal year (January-March 2026) saw continued momentum. Revenue for Q4FY26 stood at ₹221 crore, reflecting a 17% year-on-year growth. The company reported a quarterly EBITDA of ₹72 crore, a 55% increase, and a PAT of ₹71 crore, marking a 54% rise from the same period in the previous year.
Segment and Operational Highlights
CarTrade Tech’s success was broad-based across its core segments during the final quarter:
- Consumer Group: Achieved 25% revenue growth and a strong EBITDA margin of 39%.
- Remarketing Business: Delivered 22% revenue growth with an EBITDA margin of 31%.
- OLX India: Recorded 16% revenue growth with an EBITDA margin of 33%.
Operationally, the company engaged 76 million average monthly unique visitors in the final quarter, with organic traffic accounting for 95% of the total. Furthermore, the company expanded its physical reach to over 540 locations, maintaining its leadership in the vehicle remarketing space with an annualized run-rate of 1.7 million auction listings.
Strategic Outlook
Management highlighted that the year’s success stems from strong consumer engagement, deep dealer relationships, and an efficient operating model. Looking ahead, the company is prioritizing the development of AI-led products and next-generation technology platforms to further improve customer experience and maintain its dominant position in the mobility and classifieds ecosystem.
Source: BSE
