Highlights
CarTrade’s Financial Results Showcase 19% Revenue Growth in Q4 FY26
CarTrade, a prominent automobile classifieds platform, has announced its financial performance for the fourth quarter of FY26. This quarter saw an impressive year-on-year revenue growth of over 19%, with revenues surpassing the Rs 200 crore threshold. Additionally, profits surged by 54% to reach Rs 71 crore during the same timeframe.
Revenue Growth and Financial Details
Revenue from operations for CarTrade reached Rs 203 crore in Q4 FY26, compared to Rs 170 crore recorded in Q4 FY25, according to the company’s unaudited financial results published through the National Stock Exchange (NSE). However, there was a slight sequential decrease in revenue, dropping more than 3% from Rs 210 crore reported in Q3 FY26.
Segment Contributions
The Mumbai-based firm operates across three key segments: Consumer, Remarketing, and Classifieds (OLX India). The Consumer segment accounted for 39% of the total operating revenue, with earnings rising to Rs 79 crore in Q4 FY26. The Remarketing and Classifieds segments generated revenues of Rs 72 crore and Rs 55 crore, respectively, for the quarter, following Rs 3 crore in intersegment eliminations.
Overall Income and Yearly Performance
In addition, CarTrade earned Rs 17.6 crore from interest income linked to bank deposits, gains from fair valuation of financial assets, and other revenue sources, bringing the total income for the quarter to Rs 221 crore. For the entirety of FY26, the firm reported a more than 21% increase in operating income, rising to Rs 779 crore from Rs 641 crore in FY25, with profits expanding over 68% to Rs 244 crore during the same period.
Expense Breakdown
On the expenditure side, employee benefit costs represented over 53% of total expenses, rising by 10% to Rs 78 crore during the quarter. Including costs related to finance, depreciation, amortisation, and other expenses, CarTrade’s total expenditure increased modestly by 7% to Rs 146 crore in Q4 FY26 from Rs 136 crore in Q4 FY25.
Effective cost management combined with consistent growth across all three segments enabled CarTrade to boost its profit by over 54% year-on-year, reaching Rs 71 crore in Q4 FY26, up from Rs 46 crore in the same quarter the previous year. In a separate filing with the NSE, CarTrade awarded 50,000 ESOPs valued at nearly Rs 9.74 crore to an eligible employee associated with one of the company’s directors under its Employee Stock Option Plan 2021.
Currently, CarTrade’s share price is trading at Rs 1,948.7 (as of 12:08 AM), representing a total market capitalisation of Rs 9,854 crore ($1.03 billion).