Cartrade Tech Ltd

On a year-on-year (YoY) basis, the company's net profit and revenue jumped 35.12%, and total income rose 18.36% in Q3 FY26. EBITDA rose 56% YoY to Rs 78.25 crore in Q3 FY26 compared with Rs 50.08 crore in Q3 FY25, with margins expanding to 37% in Q3 FY26 from 28% in Q3 FY25. The company reported profit before exceptional items and tax of Rs 84.50 crore in Q3 FY26, compared with Rs 53.39 crore in the year-ago period. The quarter included exceptional items of Rs 6.51 crore, mainly on account of incremental provisions towards gratuity and compensated absences following the implementation of the labour codes. The Consumer Group business continued to scale profitably, delivering 27% YoY growth in revenue and 17% YoY growth in PAT. The Remarketing Business also posted solid numbers with 12% YoY growth in revenue and 68% YoY growth in PAT. Meanwhile, OLX India maintained strong momentum, posting 18% YoY growth in revenue and a remarkable 37% YoY rise in PAT. During the quarter, CarTrade Tech attracted approximately 85 million average monthly unique visitors, with 95% of the traffic being organic, highlighting its strong brand equity and content leadership. The company now has a presence across 500+ physical locations through Shriram Automall, CarWale abSure and Signature dealerships, and OLX India franchise outlets, further enhancing its nationwide presence and enabling effective last-mile connectivity. Its flagship digital platforms'CarWale, BikeWale, and OLX India'each cater to more than 150 million annual unique visitors, underscoring the scale and depth of engagement across the ecosystem. The remarketing business achieved an annualized run rate of 1.9 million auction listings, reaffirming its leadership position in the vehicle remarketing space. Vinay Sanghi, chairman and founder of CarTrade Tech, said, We are pleased to deliver a record quarter, marked by strong operating leverage and our highest-ever revenues at 228 crores across each of our businesses. This translated into significant margin expansion, with EBITDA at 78.25 crores and margins reaching an all-time high of 37%. The consistent performance across quarters underscores the strength of our diversified digital ecosystem. We will continue to invest in future technologies and platform capabilities to deepen engagement. CarTrade Tech is India's largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users, including consumers, dealers, OEMs, and enterprises, to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency. Powered by Capital Market - Live

Net profit of Cartrade Tech rose 30.85% to Rs 55.86 crore in the quarter ended December 2025 as against Rs 42.69 crore during the previous quarter ended December 2024. Sales rose 18.98% to Rs 209.67 crore in the quarter ended December 2025 as against Rs 176.22 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales209.67176.22 19 OPM %37.3228.41 - PBDT93.8863.90 47 PBT84.5053.39 58 NP55.8642.69 31 Powered by Capital Market - Live

Cartrade Tech will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

CarTrade Tech announced the launch of SUPER SERIES, a first-of-its-kind integrated solution for used car dealer partners that bring together the combined power of OLX India and CarWale on a single platform. The Super Series is built to help dealers accelerate sales, improve sourcing efficiency, and strengthen digital presence through a powerful mix of platform benefits, business tools, and recognition. CarTrade Tech today powers one of India's largest and most trusted automotive marketplaces, serving 85 million+ unique visitors every month, partnering with over 12,000 used car dealers. This combination brings together the 2 crores buyers and sellers for Used cars in India. SUPER SERIES leverages this scale to offer Consumers and Dealers: Presence on India's two largest and most trusted auto classifieds platforms Access to diverse, high-intent buyers and sellers for cars Powered by Capital Market - Live

In an exchange filing, CarTrade said both parties have mutually decided not to proceed with the proposed consolidation in the automotive classifieds space. The discussions were first disclosed on 11 November 2025. The company stated that it will continue to focus on strengthening its existing platforms ' CarWale, BikeWale, OLX India and Shriram Automall. Management said these businesses operate in a large and growing market and offer strong long-term growth potential. CarTrade added that it will keep evaluating strategic opportunities as part of its normal business process and will disclose any material developments as required. CarTrade Tech is India's largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users including consumers, dealers, OEMs, and enterprises to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency. On a consolidated basis, the company reported revenue of Rs 222.14 crore in Q2FY26, resulting in YoY growth of 29%. Profit after tax for the quarter stood at Rs 64.08 crore, resulting in YoY growth of 109%. The stock hit a record high of Rs 3,291.35 on 17 November 2025. Powered by Capital Market - Live

CarTrade Tech was in preliminary discussions with Girnar Software regarding a potential consolidation opportunity in the automotive classifieds businesses (CarDekho and BikeDekho) in India. Now, the parties have mutually decided not to proceed with the proposed transaction at this stage. Accordingly, the transaction is not being pursued for now.Powered by Capital Market - Live

The company said it is exploring a potential consolidation of their automotive classifieds businesses as part of its ongoing growth strategy. CarTrade added that the talks are limited to the auto classifieds segment and exclude Girnar's financing, insurance, and other non-automotive operations. CarTrade clarified that no binding or definitive agreement has been signed yet. If any binding document is executed, the company will make the necessary disclosure in accordance with SEBI's Listing Obligations and Disclosure Requirements, it said in a statement. CarTrade Tech is India's largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users including consumers, dealers, OEMs, and enterprises to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency. On a consolidated basis, CarTrade reported revenue of Rs 222.14 crore in Q2FY26, resulting in YoY growth of 29%. Profit after tax for the quarter stood at Rs 64.08 crore, resulting in YoY growth of 109%. Powered by Capital Market - Live

Net profit of Cartrade Tech rose 113.99% to Rs 59.66 crore in the quarter ended September 2025 as against Rs 27.88 crore during the previous quarter ended September 2024. Sales rose 25.42% to Rs 193.41 crore in the quarter ended September 2025 as against Rs 154.21 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales193.41154.21 25 OPM %32.8821.20 - PBDT89.2947.78 87 PBT79.9237.14 115 NP59.6627.88 114 Powered by Capital Market - Live

Cartrade Tech has allotted 1,87,800 equity shares under ESOP on 28 October 2025. Consequent to the allotment, the paid up equity share capital has increased to Rs. 47,79,37,600/- comprising of 4,77,93,760 equity shares of face value of Rs 10 each. Powered by Capital Market - Live

The company reported a consolidated net profit of Rs 64.08 crore in Q2 FY26, up 109% year-on-year from Rs 30.73 crore in Q2 FY25. Total income stood at Rs 222.14 crore, marking a robust 29% YoY increase from Rs 172.23 crore a year ago. EBITDA rose 94% YoY to Rs 63.6 crore in Q2 FY26 compared with Rs 32.7 crore in Q2 FY25, with margins expanding to 33% in Q2 FY26 from 21% in Q2 FY25. Profit before tax (PBT) jumped 115% YoY to Rs 79.93 crore from Rs 37.14 crore, supported by strong growth in revenue. The Consumer Group business continued to scale profitably, delivering 37% YoY growth in revenue and 82% YoY growth in PAT. The Remarketing Business also posted solid numbers with 23% YoY growth in revenue and 30% YoY growth in PAT, reinforcing its market leadership in vehicle remarketing. Meanwhile, OLX India maintained strong momentum, posting 17% YoY growth in revenue and a remarkable 213% YoY rise in profits, driven by operating leverage and integration of synergies. During the quarter, CarTrade Tech attracted approximately 85 million average monthly unique visitors, with 95% of the traffic being organic, reflecting the company's strong brand equity and content leadership. The company now has a presence across 500+ physical locations through Shriram Automall, CarWale abSure, Signature dealers, and OLX India franchisees'further strengthening its pan-India reach and last-mile connectivity. Its leading digital platforms'CarWale, BikeWale, and OLX India'collectively cater to more than 150 million annual unique visitors, highlighting its position as one of India's most comprehensive auto ecosystems. The remarketing business achieved an annualized run-rate of 1.8 million listings for auctions, underlining its dominant position in vehicle remarketing. Vinay Sanghi, chairman and founder, CarTrade Tech, said, We are delighted to deliver yet another record quarter with strong growth across all our businesses. The consistent momentum in revenues and profitability reflects the strength of our diversified digital ecosystem and the focus on operational excellence. This quarter, our revenues grew by 29% year-on-year to ₹222 crores and profits rose by 109% to ₹64 crores marking our highest-ever performance. We remain committed to sustainable, profitable growth and creating long-term value for all our stakeholders. CarTrade Tech is India's largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users including consumers, dealers, OEMs, and enterprises to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency. Powered by Capital Market - Live