CarTrade Tech Q1 results

CarTrade Tech Profit Rises To ₹56.75 Crore In Q1, Revenue Up To ₹201.16 Crore

CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%

Shares of OLX India operator CarTrade Tech fell more than 7% on Wednesday after the company reported its Q1 FY27 results, with consolidated net profit rising 19% year-on-year (YoY) to Rs 51 crore.Revenue from operations increased more than 16% YoY to Rs 201 crore during the quarter. On a sequential basis, however, net profit declined around 21%, while revenue slipped nearly 1% from the fourth quarter of FY26.The company reported its highest-ever quarterly total income of Rs 230 crore, up 16% YoY. EBITDA surged 45% YoY to Rs 63 crore, with the EBITDA margin improving to 31% in the April-June qu