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Revenue from operations increased 22.27% year-on-year to Rs 173.03 crore in Q1 FY26.
During the quarter, profit before tax (PBT) stood at Rs 56.91 crore in Q1 FY26, marking a 132.38% increase compared to Rs 24.49 crore reported in Q1 FY25.
EBITDA stood at Rs 43.51 crore in Q1 FY26, up 98% compared to Rs 21.92 crore in Q1 FY25.
Total expenses rose by 7.09% to Rs 141.58 crore during the quarter. Employee benefit expenses stood at Rs 75.22 crore, reflecting a 6.51% year-on-year increase. Finance costs amounted to Rs 3.02 crore, up 18.89% YoY, while depreciation and amortization expenses declined by 10.33% YoY to Rs 9.02 crore.
Revenue from the consumer group stood at Rs 66.38 crore, reflecting a 31.54% YoY increase, while the remarketing segment generated Rs 59.39 crore, up 34.85% YoY, and classifieds revenue rose 2.38% to Rs 48.14 crore.
The company attracted approximately 75 million average monthly unique visitors during Q1 FY26, with 95% of the traffic being organic, highlighting its strong brand equity and content leadership.
OLX India sustained its growth momentum, recording a 71% year-on-year increase in profits, driven by operating leverage and integration synergies.
Vinay Sanghi, chairman and founder, CarTrade Tech, said, “We are pleased to report a strong start to FY26 with Revenue of Rs 198.5 crores, up by 27% year-onyear, and profit after tax of Rs 47.06 crores, growing by 106%. This quarter’s performance, reflecting our highest ever in both revenue and profit, is a testament to the strength of our ecosystem and the efficiency of our platform-led model.
The consistent growth across our Consumer, Remarketing, and OLX India businesses highlights the depth of our offerings and the trust we have built with customers and partners.
We remain focused on driving innovation and have recently intensified our AI-led initiatives to enhance customer experience, improve operational efficiency, and enable smarter, data-driven decision-making across platforms. Our continued investments in technology, data science, and automation will play a pivotal role as we scale further and unlock new value across all our digital platform.”
CarTrade Tech is a multi-channel auto platform with its presence across all vehicle types and value-added services. The platform operates under several brands: CarWale, CarTrade, Olx India, Shriram Automall, BikeWale, CarTrade Exchange and Adroit Auto.
Sterlite Technologies Ltd, Cartrade Tech Ltd, Laurus Labs Ltd and Advanced Enzyme Technologies Ltd are among the other gainers in the BSE's 'A' group today, 28 July 2025.
Sudarshan Chemical Industries Ltd surged 10.77% to Rs 1384.2 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 41760 shares were traded on the counter so far as against the average daily volumes of 4871 shares in the past one month.
Sterlite Technologies Ltd soared 6.71% to Rs 124.85. The stock was the second biggest gainer in 'A' group. On the BSE, 8.5 lakh shares were traded on the counter so far as against the average daily volumes of 6.33 lakh shares in the past one month.
Cartrade Tech Ltd spiked 6.41% to Rs 2019.35. The stock was the third biggest gainer in 'A' group. On the BSE, 63622 shares were traded on the counter so far as against the average daily volumes of 16544 shares in the past one month.
Laurus Labs Ltd spurt 6.35% to Rs 891.25. The stock was the fourth biggest gainer in 'A' group. On the BSE, 6.59 lakh shares were traded on the counter so far as against the average daily volumes of 1.02 lakh shares in the past one month.
Advanced Enzyme Technologies Ltd advanced 5.71% to Rs 345. The stock was the fifth biggest gainer in 'A' group. On the BSE, 72160 shares were traded on the counter so far as against the average daily volumes of 15281 shares in the past one month.