Cartrade Tech Limited — Investor Meet, 04-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

CarTrade Tech delivered stellar Q2FY26 performance. Consolidated revenue soared 29% to INR222 Cr, with PAT up 109% to INR64 Cr, hitting all-time highs across verticals. This reflects strong operating leverage, as costs remained largely stable despite revenue growth. The Consumer Group achieved 40% EBITDA margins. OLX also reached 30% EBITDA margins and 213% profit growth, with new buyer monetization programs in early stages. Management is confident on sustained growth from organic traffic and strategic product initiatives. The company holds INR1,080 Cr cash, eyeing strategic M&A or shareholder returns. A clear growth story with expanding margins.