CarTrade Tech delivers record Q3 FY26 as revenue hits Rs 228 crore, PAT jumps 35% YoY

CarTrade Tech Limited reported a strong financial performance for the quarter ended December 31, 2025, delivering its highest-ever quarterly revenue and continued margin expansion, supported by operating leverage across its businesses.

In Q3 FY26, the company posted consolidated total income of Rs 228.37 crore, an 18% year-on-year increase. EBITDA rose 56% YoY to Rs 78.25 crore, with margins expanding to an all-time high of 37%.

Profit before tax stood at Rs 77.99 crore, up 46% YoY, while profit after tax came in at Rs 61.52 crore, a growth of 35% compared with Rs 45.53 crore in the same quarter last year. Profit after tax excluding the impact of the new labour code was higher at Rs 68.03 crore, marking a 49% YoY increase.

For the nine months ended December 31, 2025, CarTrade Tech reported consolidated total income of Rs 649.02 crore, up 24% YoY. EBITDA for the period rose 77% YoY to Rs 185.35 crore, with margins at 32%.

Profit before tax increased 87% YoY to Rs 214.83 crore, while profit after tax grew 74% to Rs 172.66 crore. Excluding the impact of the new labour code, profit after tax for the nine-month period stood at Rs 179.17 crore, reflecting an 81% YoY growth.

Operationally, CarTrade Tech recorded around 85 million average monthly unique visitors during the quarter, with 95% of traffic coming organically. The company now operates across more than 500 physical locations, including Shriram Automall, CarWale abSure and Signature dealerships, and OLX India franchise outlets. Its flagship digital platforms, CarWale, BikeWale and OLX India, each cater to more than 150 million annual unique visitors.

Commenting on the results, Vinay Sanghi, Chairman and Founder of CarTrade Tech Limited, said, “We are pleased to deliver a record quarter, marked by strong operating leverage and our highest-ever revenues of Rs 228 crore across each of our businesses. This translated into significant margin expansion, with EBITDA at Rs 78.25 crore and margins reaching an all-time high of 37%. The consistent performance across quarters underscores the strength of our diversified digital ecosystem. We will continue to invest in future technologies and platform capabilities to deepen engagement.”

CarTrade Tech operates a multi-platform digital marketplace ecosystem, including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange and Adroit Auto, serving consumers, dealers, OEMs and enterprises across multiple categories.