Results · Commerce & Consumer Brands

CarTrade reports Q1 FY27 financial results

By Startup Enthusiast · 29 July 2026

What they do

CarTrade operates an auto marketplace with consumer, remarketing, and classifieds segments

The company posted Rs 201 Cr revenue and Rs 57 Cr profit for Q1 FY27

Market cap stood at ₹13,450 crore despite a sequential decline from the previous quarter

CarTrade announced its Q1 FY27 unaudited financial results on July 29, 2026.
Revenue from operations reached Rs 201 Cr, up from Rs 173 Cr in the same period last year.
This represents a year-on-year growth of more than 16%.
Total income rose to Rs 230 Cr from Rs 199 Cr in the prior year.
Non-operating income contributed Rs 29 Cr to the total income figure.
Profit stood at Rs 57 Cr, compared to Rs 47 Cr in Q1 FY26.
Profit growth was recorded at 21.3% year-on-year.
Operating revenue slightly declined sequentially from Rs 203 Cr in Q4 FY26 to Rs 201 Cr.

Profit declined approximately 20% sequentially from Rs 71 Cr in the previous quarter.
Employee benefits expense increased to Rs 83 Cr from Rs 75 Cr in the prior year.
Market cap stood at ₹13,450 crore.
Overall expenditure rose by 7% to Rs 152 Cr from Rs 142 Cr.
Other expenses were Rs 55 Cr and depreciation was Rs 11 Cr.
Finance costs remained low at Rs 3.2 Cr.

CarTrade generates revenue through three main business segments.
The Consumer segment contributed Rs 78 Cr to the total revenue.
The Remarketing segment generated Rs 67 Cr in revenue.
The Classifieds segment brought in Rs 62 Cr.
Intersegment eliminations totaled Rs 6.4 Cr.
The company uses VAYA AI technology to connect consumers with listings in real time.
CarTrade partnered with Spinny for used-car buying and selling experiences.
This partnership spans across CarWale and OLX India platforms.
The company's share price was Rs 2,812 as of 11:32 AM.
The market capitalization stood at Rs 14,187 Cr.