CarTrade Reports Strong Financial Results: 17% Revenue Growth

CarTrade, a leading automobile classifieds portal, revealed its financial results for the fourth quarter of the last fiscal year (Q4 FY25) on Wednesday. The company’s revenue exhibited a 17% year-on-year growth in comparison to Q4 FY24, while profits experienced a two-fold increase during the same period.

In Q4 FY25, CarTrade’s operational revenue reached Rs 169 crore, a rise from Rs 145 crore in Q4 FY24, according to the firm’s unaudited consolidated financial results obtained from the National Stock Exchange. For the fiscal year that concluded in March 2025, CarTrade’s revenue surged by 31%, amounting to Rs 641 crore. When factoring in additional undisclosed income, the company’s total income for Q4 FY25 reached Rs 189 crore, up from Rs 161 crore in Q4 FY24.

Segments of Operation

Based in Mumbai, CarTrade functions across three key segments: Consumer, Remarketing, and Classifieds. Income generated from the consumer segment accounted for 37% of total operating revenue, increasing to Rs 63 crore in Q4 FY25 from Rs 49 crore in the same quarter of FY24. Revenue from the remarketing and classified segments stood at Rs 59 crore and Rs 47 crore, respectively, during the fourth quarter of this fiscal year.

Full Fiscal Year Performance

For the complete fiscal year (FY25), revenue from the consumer segment amounted to Rs 238 crore, while collections from the remarketing and classified segments reached Rs 212 crore and Rs 192 crore, respectively.

Expense Analysis

On the expenditure side, employee benefit expenses constituted 52% of total spending, which grew modestly by 6% to Rs 71 crore during this period. Overall expenses, including other costs, rose by 4% to Rs 136 crore in Q4 FY25 from the Rs 131 crore recorded in Q4 FY24. For the entire fiscal year, total expenses escalated to Rs 543 crore from Rs 457 crore in FY24.

Profit Growth

The notable revenue growth coupled with controlled expenses led CarTrade to double its net profit to Rs 46 crore in Q4 FY25, compared to Rs 23 crore in Q4 FY24. On a fiscal basis, the company’s profit increased significantly to Rs 145 crore in FY25.

Market Performance

On the stock market today, CarTrade observed a 5.8% rise in its share price, trading at Rs 1,721 (as of 12:50), with a total market capitalization of Rs 8,168 crore.