Shares of Cartrade Tech Ltd rallied to an all-time-high after its consolidated net profit for the quarter ended September 2025 more than doubled to ₹64.08 crore
The company reported a net profit of ₹30.73 crore in the same quarter last year.
The revenue from operations increased by 25.4 per cent to ₹193.41 crore during the quarter under review from ₹154.21 crore in the same quarter last year.
It logged an EBITDA of ₹63.60 crore in Q2FY26, growth of 94 per cent y-o-y.
According to the company’s statement, its consumer group continued to scale profitably, delivering 37 per cent y-o-y revenue growth and 82 per cent y-o-y PAT growth.
The remarketing business posted 23 per cent y-o-y revenue growth and 30 per cent y-o-y PAT growth.
It added that the OLX India maintained strong momentum with a 17 per cent uptick in revenue and a 213 per cent surge in profits, driven by operating leverage and integration of synergies.
Emphasising strong growth across all segments, Vinay Sanghi, Chairman and Founder, CarTrade Tech, said, “The consistent momentum in revenues and profitability reflects the strength of our diversified digital ecosystem and the focus on operational excellence.”
In addition, the board has approved the allotment of 1,87,800 equity shares of face value of ₹10 each to eligible employees underder ESOP 2011, ESOP 2015 and ESOP 2021(I).
The company appointed Varun Sanghi as Chief Strategy Officer (CSO) with effect from November 01, 2025.
The stock traded 16 per cent higher at ₹3,083 on the BSE at 1.37 pm, hitting a 52-week high of ₹3,143.70 against the previous close of ₹2,663.90.