CarTrade Tech shares slip 7% regardless of 19% YoY rise in Q1 revenue; EBITDA surges 45%
Income from operations elevated greater than 16% YoY to Rs 201 crore throughout the quarter. On a sequential foundation, nonetheless, internet revenue declined round 21%, whereas income slipped practically 1% from the fourth quarter of FY26.
The corporate reported its highest-ever quarterly whole revenue of Rs 230 crore, up 16% YoY. EBITDA surged 45% YoY to Rs 63 crore, with the EBITDA margin bettering to 31% within the April-June quarter of FY27.
CarTrade Tech mentioned OLX India’s revenue grew 29% YoY, whereas EBITDA jumped 76% YoY. It added that every of its flagship digital platforms—CarWale, BikeWale and OLX India—now attracts over 150 million annual distinctive guests, underscoring the dimensions and depth of engagement throughout its ecosystem.
The corporate additionally mentioned it now operates greater than 500 bodily areas, together with Shriram Automall, CarWale abSure and Signature dealerships, in addition to OLX India franchise shops, strengthening its nationwide attain and buyer accessibility.
It additional added that its platforms engaged practically 80 million common month-to-month distinctive guests throughout Q1 FY27, persevering with the expansion seen in This autumn FY26. Natural visitors accounted for 95% of whole visitors, reflecting the power of its model and content material management.
Additionally learn |CarTrade Tech companions Spinny to broaden used-car market throughout CarWale, OLX India
What CarTrade Tech administration mentioned
“We’re happy to start FY27 on a robust word, delivering one other quarter of worthwhile progress. Complete revenue grew 16% to an all-time excessive, EBITDA elevated 45%, with margins at 31%, and revenue after tax stood at Rs 57 crore. This efficiency displays the power of our diversified enterprise portfolio throughout shopper group, remarketing, and OLX India, supported by disciplined execution, working leverage, and a continued concentrate on worthwhile progress,” mentioned Vinay Sanghi, Chairman and Founder, CarTrade Tech.
With the launch of VAYA AI, Sanghi added that the corporate stays targeted on leveraging expertise, synthetic intelligence, and partnerships to reinforce buyer expertise, enhance operational effectivity, and create long-term worth for purchasers, companions, and shareholders.
CarTrade Tech share worth
CarTrade Tech shares fell greater than 7.5% to Rs 2,740 apiece after the outcomes announcement. The inventory later recovered some losses and was buying and selling round 4% decrease at Rs 2,856 apiece at round 12 pm.
The shares have declined marginally over the previous week however have gained greater than 5% in a month. The inventory is down over 1% in 2026 to this point. Over the long run, it has surged greater than 34% in a yr and 452% in three years.
Additionally learn |UBS initiates protection on CarTrade Tech with Purchase ranking, sees 42% upside. 4 explanation why
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