CarTrade Tech Limited has announced robust financial results for the fourth quarter and financial year ended March 31, 2026. The company achieved a Profit After Tax (PAT) of ₹244 crore for FY26, marking a 68% increase over the previous year. With zero debt and ₹1,244 crore in cash reserves, CarTrade continues to maintain a strong balance sheet while driving innovation through its diversified platform, which includes Consumer, Remarketing, and Classifieds segments.
Financial Performance Highlights
CarTrade Tech has demonstrated strong growth across its key financial metrics for the financial year ending March 31, 2026. The company reported a Revenue CAGR of 29% and an EBITDA CAGR of 98% over the past three years. For FY26, the company achieved a PAT of ₹244 crore, reflecting a solid 68% year-on-year growth. Operating revenue for the year stood at ₹779.27 crore, a 21% increase compared to the previous year, supported by a structural margin expansion to 33%.
Segment-Wise Growth
The company’s growth is fueled by its diversified business segments. The Consumer Group showed strong momentum, with annual revenue growing by 30% and EBITDA increasing by 96%. The Remarketing Business also performed well, recording a 22% growth in revenue and a 66% increase in PAT. Additionally, the OLX India platform contributed significantly, reporting a 22% revenue growth and a 77% increase in PAT for the year.
Market Leadership and Future Outlook
CarTrade Tech continues to lead as a multi-category marketplace with 150 million unique customers across its platforms. Its ecosystem includes 76 million+ monthly unique visitors and over 500 physical locations across 90 cities. By leveraging Proprietary AI, the company is enhancing its user experience through tools like SuperDost, which provides seamless buying and selling solutions on WhatsApp, and the new Verified User program on OLX, reinforcing its commitment to trust and efficiency in the digital automotive space.
Source: BSE
