The company’s consolidated net profit jumped 109% year-on-year to Rs 64.1 crore in the July–September quarter (Q2 FY26) from Rs 30.7 crore a year earlier. Sequentially, profit rose 36.1% from Rs 47.1 crore in the previous quarter.
Revenue from operations for the September quarter climbed 25% to Rs 193.4 crore from Rs 154.2 crore a year earlier, and nearly 12% from Rs 173 crore in the previous quarter.
Total expenses increased modestly by 5.3% year-on-year and 0.4% quarter-on-quarter to Rs 142.2 crore in Q2 FY26, indicating cost efficiencies even as the company expanded its business.
Consumer Group fueled performance
CarTrade Tech said its Consumer Group division remained the main driver of growth, with revenue rising 37% year-on-year and profit after tax up 82%. The company added that the unit achieved a 40% EBITDA margin in the quarter — “a benchmark for excellence in the industry.”Also read | Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock
OLX India maintained momentum
OLX India, acquired by CarTrade in 2023, also delivered steady gains. The company said revenue grew 17% year-on-year while profit after tax surged 213%. OLX “continues its quarter-on-quarter growth trajectory, achieving a 30% EBITDA margin in Q2 FY26,” CarTrade added.Tuesday’s rally extended CarTrade Tech’s remarkable run this year. The stock has gained 15% in the past month and is up 85.5% so far in 2025. Over the past year, shares have soared 169%, underscoring investor optimism around the company’s turnaround and growth trajectory.
Also read | Azim Premji-backed PI Opportunities Fund to pocket Rs 350 crore, set for a 1,565% windfall in Lenskart IPO
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