CarTrade Tech Q3 FY26 Profit Jumps 35% to Rs 61.5 Crore, Driven by Strong Growth
Brand Marketing
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Storyboard•28-01-2026, 12:25
CarTrade Tech Q3 FY26 Profit Jumps 35% to Rs 61.5 Crore, Driven by Strong Growth
- •CarTrade Tech, parent of CarWale and OLX India, reported a 35% YoY rise in consolidated profit to Rs 61.52 crore in Q3 FY26.
- •Total consolidated income increased by 18% YoY to Rs 228.37 crore, with EBITDA surging 56% to Rs 78.25 crore.
- •The Consumer Group's revenue grew 27% YoY to Rs 86.3 crore, and its profit after tax rose 17% to Rs 28.6 crore.
- •CarTrade's remarketing business saw a 12% increase in revenue to Rs 65.6 crore, with profit after tax soaring 68% to Rs 12.71 crore.
- •OLX India contributed significantly, posting a 37% YoY profit growth to Rs 20.1 crore and an 18% revenue increase to Rs 58.7 crore.
Why It Matters: CarTrade Tech achieved a record Q3 FY26 with a 35% profit increase, driven by strong performance across all segments.
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