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CarTrade Tech's OLX India reached 80,000 Elite Buyer sign-ups in May 2026. The milestone highlights program growth and plans for upcoming AI-led platform features.
CarTrade Tech Limited delivered a strong Q4 and FY26, achieving record revenues and a jump in PAT to ₹243 crores. Focus is on AI-driven monetization at OLX and sustaining margin expansion.
CarTrade Tech achieved over 50% YoY EBITDA growth for 12 consecutive quarters. The company successfully expanded EBITDA margins from 3% to 35% during this period.
CarTrade Tech delivered a robust FY26 with 22% revenue growth and significant EBITDA margin expansion to 33%. Management is pivotting toward AI-driven monetization of consumer data to sustain long-term profitability.
CarTrade Tech reported FY26 PAT of ₹244 Cr, a 68% YoY increase. The company emphasizes a profitable digital ecosystem across Consumer, Remarketing, and Classifieds segments with a 33% EBITDA margin.
CarTrade Tech Limited is relocating its registered office from Vashi to Turbhe, Navi Mumbai, effective June 01, 2026. The new office remains within the same city limits. This administrative shift was approved by the Board of Directors on May 07, 2026.
CarTrade Tech Limited has granted 50,000 ESOP options to an eligible employee. The options vest over four years (25% annually) and are convertible into equity shares at a price determined by the market rate. This move aligns employee incentives with long-term shareholder value.
CarTrade Tech Limited reported record FY26 performance with total income of ₹869.77 Crore, up 22% YoY. Annual PAT grew 68% to ₹243.51 Crore, while Q4FY26 PAT surged 54% to ₹70.85 Crore. Performance was driven by strong growth in Consumer Group, Remarketing, and OLX India businesses, with EBITDA margins reaching an all-time high of 33%.
CarTrade Tech Ltd reported revenue from operations of ₹203.1 Cr (+19.8% YoY) and net profit of ₹70.8 Cr (+53.6% YoY) for Q4 FY26.
CarTrade Tech Limited reported its audited financial results for FY26. Consolidated annual revenue reached ₹779.27 Crore with a net profit of ₹243.51 Crore. The board approved the results at its meeting on May 07, 2026, and auditors issued an unmodified opinion.
CarTrade Tech Limited has scheduled a Board Meeting on May 07, 2026, to approve audited financial results for Q4 and the full year ended March 31, 2026. The trading window for designated persons remains closed until May 09, 2026.
CarTrade Tech Limited allotted 50,000 equity shares under its ESOP/ESPS scheme on April 09, 2026. This increased the company's paid-up share capital from ₹47.88 Crore to ₹47.93 Crore. The allotment reflects the ongoing exercise of stock options by employees.
CarTrade Tech Limited allotted 50,000 equity shares under its Employee Stock Option Plan 2011 on April 09, 2026. The shares were issued at an exercise price of Rs. 34.00 per share, totaling ₹0.17 Crore. Consequently, the company's paid-up share capital increased to ₹47.93 Crore.
CarTrade Tech Ltd reported net profit of ₹61.5 Cr (+35.2% YoY) for Q3 FY26.
CarTrade Tech Limited announced the appointment of Mr. Varun Sanghi as Non-Executive Chairman of its subsidiary, OLX India. Mr. Sanghi, currently the Chief Strategy Officer of CarTrade Tech, will provide strategic guidance for OLX India's next growth phase. This appointment leverages his extensive experience in corporate finance and strategic investments within the group.