In a strong display of financial performance, CarTrade Tech Ltd, the parent company behind digital automotive platforms like CarWale, BikeWale, and CarTrade Exchange, reported a 109% year-on-year (YoY) surge in consolidated net profit to INR 64 crore for the quarter ended September 2025 (Q2 FY26). The robust growth comes on the back of improving operational efficiency, sustained advertising demand, and strong traction from its digital and auction businesses.
Revenue Growth Backed by Platform Synergies
CarTrade’s consolidated revenue for the quarter stood at INR 210 crore, up 23% YoY compared to INR 171 crore in the same quarter last year. The company attributed this growth to increased mon
...
