Financial Performance - Q2 FY27 (Consolidated)

The company reported its highest-ever quarterly performance for the period ended September 30, 2026.

  • Revenue: ₹213 crores, a 10% year-on-year (YoY) increase from ₹193 crores in Q2 FY26.
  • EBITDA: ₹76 crores, a 20% YoY increase from ₹64 crores in Q2 FY26.
  • EBITDA Margin: 36%, an expansion from 33% in the year-ago quarter.
  • Profit Before Tax (PBT): ₹85 crores, a record high and a 7% YoY increase from ₹80 crores.
  • Profit After Tax (PAT): ₹66 crores, a 3% YoY increase from ₹64 crores.

Financial Performance - H1 FY27 (Consolidated)

The results for the first half of the fiscal year also showed strong growth.

  • Revenue: ₹414 crores, a 13% YoY increase from ₹366 crores in H1 FY26.
  • EBITDA: ₹139 crores, a 30% YoY increase from ₹107 crores.
  • EBITDA Margin: 34%, an expansion from 29% in H1 FY26.
  • Profit Before Tax (PBT): ₹160 crores, a 17% YoY increase from ₹137 crores.
  • Profit After Tax (PAT): ₹123 crores, a 10% YoY increase from ₹111 crores.

Operational Highlights

Key operational metrics demonstrating the company's scale and market position were disclosed:

  • The company attracted approximately 76 million average monthly unique visitors during the quarter.
  • 96% of the traffic was organic, indicating strong brand equity.
  • The company's physical presence spans over 500 locations across India, including Shriram Automall, CarWale abSure & Signature dealers, and OLX India franchisees.
  • Its digital platforms—CarWale, BikeWale, and OLX India—each cater to more than 150 million annual unique visitors.
  • The remarketing business achieved an annualized run-rate of 1.6 million listings for auction.

Subsidiary Performance: OLX India

OLX India, a key part of the business, showed particularly strong performance:

  • Revenue grew by 26% year-on-year.
  • EBITDA grew by 36% year-on-year.

Management Commentary

Mr. Vinay Sanghi, Chairman and Founder, commented on the results, stating the company is "excited about the possibilities that technology and AI are unlocking to build innovative products." He highlighted the company's "scale, organic reach and asset-light business model" as key strengths that position it well "to drive sustainable, profitable growth and further expand our margins."

Summary of Financial Results (₹ crore)

| Particulars | Q2 FY27 | Q2 FY26 | YoY | H1 FY27 | H1 FY26 | YoY |

| Revenue | 213 | 193 | 10% | 414 | 366 | 13% |

| EBITDA | 76 | 64 | 20% | 139 | 107 | 30% |

| EBITDA Margin % | 36% | 33% | | 34% | 29% | |

| Profit Before Tax (PBT) | 85 | 80 | 7% | 160 | 137 | 17% |

| Profit After Tax (PAT) | 66 | 64 | 3% | 123 | 111 | 10% |