CarTrade Tech Q4 Results: Net profit surges 54% YoY to Rs 65 crore, shares rally 8%

CarTrade Tech on Thursday reported a consolidated net profit of Rs 64.61 crore for the January-March quarter of FY26, marking a 54% surge from the Rs 41.82 crore net profit reported in the same period last year, triggering an 8% surge in share price.

The company’s revenue from operations, meanwhile, rose nearly 20% year-on-year (YoY) to Rs 203.14 crore during Q4 of the financial year, which ended on March 31, 2026, as compared to Rs 169.51 crore revenue reported in the corresponding quarter of the previous financial year.

While net profit and revenue strongly surged on a YoY basis, the company’s topline declined 3% sequentially from Rs 209.67 crore reported in Q3 FY26. Its bottom line, however, rose around 16% quarter-on-quarter (QoQ) from Rs 55.86 crore reported in the previous quarter.


CarTrade Tech said that its EBITDA jumped 55% YoY to Rs 71.65 crore in Q4, with EBITDA margin at 35%. Its consumer group segment recorded a 25% revenue growth, while that for its remarketing business grew 22%. OLX India, meanwhile, reported a 16% growth in revenue.

Each of its flagship digital platforms, including CarWale, BikeWale, and OLX India, now caters to more than 150 million annual unique visitors, which underscores the scale and depth of engagement across the ecosystem, the company said in its press release, adding that it now operates across over 540 physical locations.

What CarTrade Tech management says

“FY26 has been a landmark year for CarTrade Tech, with the Company delivering its highest-ever revenues, profits and margins, driven by strong execution and operating leverage across all our businesses. Revenue for the year grew 22% to ₹870 crores, while PAT increased 68% to ₹244 crores. EBITDA margins for FY26 reached an all-time high,” said Vinay Sanghi, Chairman and Founder of CarTrade Tech.

He added that the businesses continue to benefit from strong consumer engagement, category leadership, deep dealer relationships and a predominantly organic traffic model. “As we look ahead, we remain focused on building AI-led products and future-ready technology platforms that enhance customer experience, improve efficiencies and further strengthen our market leadership across the mobility and classifieds ecosystem,” he further said.

CarTrade Tech share price

CarTrade Tech shares surged sharply by more than 8% to trade at Rs 1,952 apiece, as seen at 11.50 am, following the release of the results. The stock has gained around 20% in one week and more than 10% in one month.

Overall, the stock is down 31% in 2026 so far. In the longer term, the shares of the company rallied 347% in three years.

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