CarTrade Tech Limited announced its financial results for the second quarter and half-year ended September 30, 2026. The company achieved its highest-ever quarterly revenue of ₹213 crore, marking a 10% year-on-year growth. EBITDA also saw a significant jump of 20% to ₹76 crore. OLX India demonstrated strong momentum, with revenue growing 26% and EBITDA by 36%.
CarTrade Tech Announces Record Financial Performance
CarTrade Tech Limited has reported its financial results for the second quarter and half-year ended September 30, 2026, showcasing a period of strong growth and record-breaking performance. The company announced its highest-ever quarterly revenue, reaching ₹213 crore, a substantial 10% increase compared to the same period last year.
Key Financial Highlights – Q2 FY27
In addition to record revenue, CarTrade Tech’s EBITDA also experienced robust growth, jumping by 20% year-on-year to ₹76 crore. The company also achieved its highest-ever quarterly Profit Before Tax (PBT) of ₹85 crore, a 7% increase year-on-year. Profit After Tax (PAT) stood at ₹66 crore, reflecting a 3% growth.
Strong Performance from OLX India
The announcement highlighted the significant contribution of OLX India, which maintained strong momentum. OLX India reported a 26% year-on-year growth in revenue and a notable 36% year-on-year increase in EBITDA, underscoring its expanding market presence and operational efficiency.
Half-Yearly Performance (H1 FY27)
For the first half of FY27, CarTrade Tech reported revenue of ₹414 crore, a 13% increase year-on-year. EBITDA for the half-year rose by 30% to ₹139 crore. Profit Before Tax (PBT) for H1 FY27 was ₹160 crore, up 17%, while Profit After Tax (PAT) reached ₹123 crore, a 10% increase year-on-year.
Operational Strengths and Future Outlook
Operational highlights include attracting approximately 76 million average monthly unique visitors during Q2 FY27, with 96% of traffic being organic. The company also noted its extensive presence in over 500 physical locations across India, strengthening its pan-India network. Leading digital platforms like CarWale, BikeWale, and OLX India cater to over 150 million annual unique visitors each. Mr. Vinay Sanghi, Chairman and Founder, expressed optimism about technology and AI driving innovation and user experiences, positioning the company for sustainable, profitable growth.
Source: BSE
