Financial Performance Summary
CarTrade Tech Limited reported unaudited financial results for Q1 FY27 (quarter ended June 30, 2026) showing record performance across key metrics:
Key Financial Highlights (Consolidated):
| Particulars (₹ in Crores) | Q1FY27 | Q1FY26 | YoY Growth |
| Total Income | 230 | 199 | 16% |
| EBITDA | 63 | 44 | 45% |
| EBITDA Margin | 31% | - | - |
| Profit Before Exceptional Item and Tax | 78 | 57 | 36% |
| Profit Before Tax (PBT) | 75 | 57 | 31% |
| Profit After Tax (PAT) | 57 | 47 | 21% |
Business Vertical Performance:
- Consumer Group: Revenue growth 18% YoY | EBITDA growth 33% YoY | EBITDA margin of 33%
- Remarketing Business: Revenue growth 13% YoY | EBITDA growth 38% YoY | EBITDA margin of 28%
- OLX India: Revenue growth 29% YoY | EBITDA growth 76% YoY | EBITDA margin of 29%
Operational Highlights
- The Company engaged approximately 80 million average monthly unique visitors during Q1FY27
- Organic traffic accounted for 95% of total traffic
- Company operates across more than 500+ physical locations nationwide
- Physical network includes Shriram Automall, CarWale abSure and Signature dealerships, and OLX India franchise outlets
- Flagship digital platforms (CarWale, BikeWale, and OLX India) each cater to more than 150 million annual unique visitors
- Remarketing business delivered an annualized run-rate of 1.5 million auction listings
Management Commentary
Mr. Vinay Sanghi, Chairman and Founder, commented: "We are pleased to begin FY27 on a strong note, delivering another quarter of profitable growth. Total income grew by 16% to an all-time high, EBITDA increased by 45%, with EBITDA margins at 31%, and Profit After Tax stood at ₹57 crore. This performance reflects the strength of our diversified business portfolio across Consumer Group, Remarketing and OLX India, supported by disciplined execution, operating leverage and a continued focus on profitable growth."
He further added: "With the launch of VAYA AI, we remain focused on leveraging technology, AI and partnerships to enhance customer experience, improve operational efficiency and create long-term value for our customers, partners and shareholders."
Company Overview
CarTrade Tech Limited is one of the world's largest digital automotive ecosystems and India's leading online marketplace Company. Through platforms including CarWale, BikeWale, Shriram Automall and OLX India, the Company serves over 80 million monthly unique users, with over 95% of its traffic generated organically. Its consumer marketplaces host more than 63% of India's online used car listings, while its remarketing platforms facilitate the auction of over 1.5 million vehicles annually.