Shares of CarTrade Tech Ltd surged 16% intraday on Thursday, May 7, after the auto company announced its January-March quarter results for fiscal 2025-26, reporting a surge in profit and expanding margins. The firm posted record annual earnings in FY26 and a strong fiscal fourth quarter growth, supported by a sharp expansion in profitability across its business segments.
Shares of CarTrade Tech opened at Rs 1,825.40 compared to the previous close of Rs 1,807.30 apiece on the NSE. The stock soared nearly 16% to hit an intraday high of Rs 2,115 against a 52-week high mark of Rs 3,290.50 apiece on the NSE. The stock has surged 18.4% in a week, 9% in one month, and 15% in the last one year. It has dropped 32% on a year-to-date basis.
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CarTrade Tech share price
CarTrade Tech Q4 Results
CarTrade's net profit increased 54% to Rs 70.85 crore, while its consolidated revenue rose 17% year-on-year to Rs 220.75 crore. On an operational basis, the earnings before interest, tax, depreciation, and amortization The company's jumped 55% to Rs 71.65 crore during the quarter, and its EBITDA margin expanded sharply to 35% from 27% in the year-ago period.
CarTrade Tech said its platforms engaged around 76 million average monthly unique visitors during the quarter, with organic traffic accounting for 95 percent of total traffic. The company also said it now operates across more than 540 physical locations through formats including Shriram Automall, CarWale abSure, Signature dealerships and OLX India franchise outlets.
CarTrade Tech said FY26 was a landmark year for the company as it delivered its highest-ever annual revenue, profit and margins, driven by strong execution across its Consumer Group, remarketing and OLX India businesses. On a full-year basis, revenue rose 22% to Rs 869.77 crore in FY26, while EBITDA surged 70% to Rs 257 crore with margins at 33% on a year-on-year basis. Annual profit after tax rose 68% year-on-year to Rs 243.51 crore.
Chairman and Founder Vinay Sanghi said the company would continue focusing on AI-led products and future-ready technology platforms to strengthen customer experience and operational efficiencies. Segment-wise, the Consumer Group business reported 25% revenue growth and 72% EBITDA growth, while the Remarketing business posted 22% revenue growth and 56% EBITDA growth. OLX India revenue grew 16% year-on-year, with EBITDA rising 34%.
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