CarTrade Tech Q2 FY27 Revenue Jumps To ₹213 Crore, PBT At ₹85 Crore; H1 FY27 EBITDA Up 30%

Mumbai: In its latest quarterly report, CarTrade Tech Limited announced a significant surge in earnings for the second quarter of financial year 2026-27 (Q2 FY27). Revenue for Q2 FY27 reached ₹213 crore, a 10% increase from the corresponding period last year. The company's EBITDA grew by 20% year-on-year to ₹76 crore. Profit Before Tax (PBT) for the quarter was ₹85 crore, marking a 7% increase year-on-year. Profit After Tax (PAT) came to ₹66 crore, reflecting a 3% rise year-on-year.

For the half year ended September 30, 2026, CarTrade Tech reported a revenue of ₹414 crore, a 13% year-on-year increase. EBITDA for the same period was ₹139 crore, up 30% compared to the previous year. The half-year PBT was ₹160 crore, indicating a 17% year-on-year growth. PAT for H1 FY27 was ₹123 crore, showing a 10% increase year-on-year.

The company's online platforms, CarWale, BikeWale, and OLX India, attracted an average of 76 million unique visitors per month in Q2 FY27, with 96% of the traffic being organic. Their digital platforms collectively serve over 150 million annual unique visitors. CarTrade Tech made its debut on D-Street, listing at a discount of over 1%.

Vinay Sanghi, Chairman and Founder of CarTrade Tech, commented on the company's performance, stating that it achieved its highest-ever quarterly revenue of ₹213 crore and PBT of ₹85 crore, with EBITDA growing 20% year-on-year. He further highlighted that OLX India recorded a 26% revenue growth and 36% EBITDA growth.