Results · Commerce & Consumer Brands

CarTrade Tech reports Q3 FY26 consolidated net profit of INR 61.5 Cr

By Startup Enthusiast · 28 January 2026

What they do

CarTrade Tech operates online auto platforms like CarWale and OLX India alongside physical remarketing businesses

The company reported a consolidated net profit of ₹61.5 Cr for Q3 FY26, showing strong operational performance

EBITDA grew 56% to ₹78.25 Cr, driven by significant expansion in the consumer group and remarketing segments

CarTrade Tech reported its Q3 FY26 financial results for the quarter ending December 2025.
The company posted a consolidated net profit of ₹61.5 Cr, representing a 35% year-on-year growth.
Revenue from operations reached ₹209.7 Cr, marking a 19% increase compared to the same period last year.
EBITDA (earnings before interest, taxes, depreciation, and amortization) rose 56% to ₹78.25 Cr.
Total consolidated income stood at ₹228.37 Cr, growing 18% year-on-year.
The Consumer Group contributed ₹86.3 Cr in revenue with 27% growth and ₹28.6 Cr in profit.
The Remarketing business generated ₹65.6 Cr in revenue and ₹12.7 Cr in profit, growing 12% and 68% respectively.
OLX India added ₹58.7 Cr in revenue and ₹20.2 Cr in profit, expanding 18% and 37% respectively.

The strong profit growth signals effective monetization of its large digital traffic base.
Remarketing and OLX India showed high profitability, indicating successful integration after acquisition.
EBITDA margin improved to 37%, reflecting better operational efficiency across segments.

CarTrade Tech runs major automotive platforms including CarWale, BikeWale, and OLX India.
It also operates Adroit Auto, Mobility Outlook, Shriram Automall, and CarTrade Exchange.
The company has over 500 physical locations including dealerships and franchise outlets.
Flagship platforms CarWale, BikeWale, and OLX India each attract over 150 Mn annual unique visitors.
Average monthly unique visitors across the ecosystem are approximately 85 million.
Organic traffic accounts for 95% of total visits, reducing customer acquisition costs.
The business model combines online lead generation with offline remarketing and auction services.
Annualized auction listings run-rate is approximately 1.88 Mn with a volume of 2.68 Lakh.
Vinay Sanghi founded the company in 2006 and remains Chairman and Founder.