Cartrade Tech Limited — Investor Meet, 04-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates
04-08-2025 | 05:44 pm
04-08-2025 | 05:44 pm
CarTrade Tech achieved Q1FY26's highest-ever revenue of INR199 Cr and profit of INR47 Cr, a 106% PAT growth. Consolidated EBITDA margins expanded to 25%. The Consumer business grew 32% with 29% EBITDA margins, while Remarketing surged 36% in revenue, delivering 258% profit growth. OLX saw a 71% profit increase, driven by new product launches and anticipated growth momentum. Management expects stable costs post-Q1 increments, foreseeing continued margin expansion. With a healthy cash position of INR1,024 Cr, the company remains optimistic about leveraging digital adoption and product innovation in India's underpenetrated auto and used product markets.
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