Cartrade Tech Ltd

Revenue from operations increased 16.69% YoY to Rs 169.51 crore in Q4 FY25. During the quarter profit before tax (PBT) stood at Rs 53.33 crore, up 79.44% YoY. On business segment front, revenue from Consumer Group stood at Rs 63.64 crore, up 29% YoY and 100% increase in PAT to Rs 21.44 crore in Q4FY25. Revenue from the Remarketing Business stood at Rs 58.69 crore in Q4 FY25, up 11% YoY. And revenue from OLX India jumped 10% YoY to Rs 47.71 crore in Q4 FY25. The company received average monthly unique visitors in Q4FY25, at approximately 74 million, 95% of which are organic. On full year basis, the company's consolidated net profit surged to Rs 145.26 crore in FY25 as compared with Rs 19.97 crore in FY24. Revenue from operations jumped 30.85% YoY to Rs 641.11 crore in FY25. Vinay Sanghi, chairman and founder, CarTrade Tech, said, 'FY25 has been a landmark year for CarTrade Tech ' the highest revenue, the highest profit, and a clear demonstration of the power of our multi-platform strategy. We've delivered consistent, profitable, growth, driven by execution excellence, technology innovation, and the unmatched trust our users and partners place in us. We see immense potential across all our businesses and continue to be encouraged by the deep connection our platforms have built with customers, surpassing 150 million users across CarWale, BikeWale, and OLX India reflects the scale and strength of our ecosystem. As we look ahead, we're more committed than ever to harnessing the power of AI and product innovation to transform customer experiences and build the marketplace of the future.' CarTrade Tech is a multi-channel auto platform with its presence across all vehicle types and value-added services. The platform operates under several brands: CarWale, CarTrade, Olx India, Shriram Automall, BikeWale, CarTrade Exchange and Adroit Auto. The scrip declined 1.40% to Rs 1,694 on the BSE.Powered by Capital Market - Live

Net profit of Cartrade Tech rose 85.70% to Rs 41.82 crore in the quarter ended March 2025 as against Rs 22.52 crore during the previous quarter ended March 2024. Sales rose 16.68% to Rs 169.51 crore in the quarter ended March 2025 as against Rs 145.28 crore during the previous quarter ended March 2024. For the full year,net profit rose 841.61% to Rs 134.65 crore in the year ended March 2025 as against Rs 14.30 crore during the previous year ended March 2024. Sales rose 30.85% to Rs 641.12 crore in the year ended March 2025 as against Rs 489.95 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales169.51145.28 17 641.12489.95 31 OPM %27.2318.81 -23.4816.20 - PBDT62.9840.10 57 208.88135.43 54 PBT53.3329.73 79 168.0298.03 71 NP41.8222.52 86 134.6514.30 842 Powered by Capital Market - Live

CarTrade Tech has allotted 41,200 equity shares under ESOP on 07 May 2025. Consequent to this allotment, the paid-up share capital of the Company stands increased to Rs. 47,47,90,350 consisting of 4,74,79,035 equity shares of face value of Rs. 10 each. Powered by Capital Market - Live

Cartrade Tech will hold a meeting of the Board of Directors of the Company on 7 May 2025.Powered by Capital Market - Live

Caplin Point Laboratories Ltd, Gujarat Ambuja Exports Ltd, Marksans Pharma Ltd and Alivus Life Sciences Ltd are among the other losers in the BSE's 'A' group today, 09 April 2025.Cartrade Tech Ltd crashed 9.42% to Rs 1380.9 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 57758 shares were traded on the counter so far as against the average daily volumes of 23912 shares in the past one month.Caplin Point Laboratories Ltd lost 8.24% to Rs 1709.85. The stock was the second biggest loser in 'A' group.On the BSE, 19051 shares were traded on the counter so far as against the average daily volumes of 7660 shares in the past one month.Gujarat Ambuja Exports Ltd tumbled 7.95% to Rs 111.15. The stock was the third biggest loser in 'A' group.On the BSE, 64293 shares were traded on the counter so far as against the average daily volumes of 1.04 lakh shares in the past one month.Marksans Pharma Ltd plummeted 6.16% to Rs 195.6. The stock was the fourth biggest loser in 'A' group.On the BSE, 90820 shares were traded on the counter so far as against the average daily volumes of 1.28 lakh shares in the past one month.Alivus Life Sciences Ltd slipped 6.02% to Rs 945.05. The stock was the fifth biggest loser in 'A' group.On the BSE, 2051 shares were traded on the counter so far as against the average daily volumes of 4841 shares in the past one month.Powered by Capital Market - Live

Net profit of Cartrade Tech reported to Rs 42.69 crore in the quarter ended December 2024 as against net loss of Rs 24.23 crore during the previous quarter ended December 2023. Sales rose 27.15% to Rs 176.22 crore in the quarter ended December 2024 as against Rs 138.59 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales176.22138.59 27 OPM %28.4118.29 - PBDT63.9036.33 76 PBT53.3926.76 100 NP42.69-24.23 LP Powered by Capital Market - Live

Total income jumped 27.05% year on year (YoY) to Rs 192.94 crore in the quarter ended 31 December 2024. Profit before tax (PBT) doubled to Rs 53.39 crore in the December 2024 quarter, compared to Rs 26.76 crore posted in the same quarter last year. EBITDA for the quarter was at Rs 50.08 crore, resulting in growth of 98% YoY, while adjusted EBITDA during the quarter stood at Rs 70.17 crore, registering a growth of 62% on a YoY basis. Average monthly unique visitors in Q3 FY25 stood at around 79 million, more than 95% of which are organic. The company stated that consumer group led the growth, achieving a 38% revenue increase and a 172% PAT growth. The remarketing business also showed impressive results, with 28% revenue growth and a 178% increase in PAT during the same period. OLX India too continued its robust performance, with profits surging 80% in Q3 FY25 compared to Q2 FY25, it added. Vinay Sanghi, chairman and founder, CarTrade Tech, said, 'We are delighted to announce strong growth this quarter. All three of our business verticals delivered their highest-ever revenue and profits, further cementing our leadership in the market. Revenue for 9M FY25 grew by 32%, and our EBITDA surged by 100%, leading to PAT zooming to Rs 99 crore. Our profit growth outpaced revenue growth, reflecting the strong operating leverage in play. In Q3 alone, profits rose sharply by 48% to Rs 46 crore as compared to Q2. This growth underscores the tremendous potential we have ahead. As a product and technology-led organization, we continue to build on our scalable digital platform, focusing on enhancing our customer experience and expanding our market share. The progress made so far positions us strongly for sustained growth as we continue transforming the digital marketplace.' CarTrade Tech operates an automotive digital ecosystem which connects automobile customers, Automotive Manufacturers (OEMs), dealers, banks, insurance companies and other stakeholders. The platform operates under several brands: CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange and Adroit Auto. Through these platforms, the company enables new and used automobile customers, vehicle dealerships, OEMs and other businesses to buy and sell their vehicles in a simple and efficient manner. Powered by Capital Market - Live

Cartrade Tech has allotted 69,000 equity shares under ESOP on 29 January 2025. With this allotment, the paid up equity share capital has increased to Rs. 47,43,60,850 consisting of 4,74,36,085 equity shares of face value of Rs. 10 each. Powered by Capital Market - Live

Cartrade Tech will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

CarTrade Tech announced an outstanding performance during the Diwali-Dussehra festive period from its Consumer Group (CarWale and BikeWale), achieving an all-time highs in October 2024. Reflecting on this success, the consumer group expects to report an impressive 30% year-over-year (YoY) revenue growth for the third quarter. Monthly unique customers in October 2024 for the Consumer Group platforms surged by 36% YoY, marking a substantial increase in consumer engagement and traffic. Banwari Lal Sharma, CEO of Consumer Group said, 'This festive season has been excellent for CarWale and BikeWale. Our platforms have seen unprecedented consumer interest, resulting in record revenues and traffic growth. This performance is a testament to our dedication and commitment of delivering value to consumers and partners alike. We are excited about our growth trajectory and remain focused on further enhancing our offerings to meet the evolving needs of the automotive market.'Powered by Capital Market - Live