CarTrade Tech Limited announced its audited financial results for the quarter and year ended March 31, 2025. The company demonstrated robust growth, driven by a consistent performance across its consumer and remarketing businesses, as well as the solid performance of OLX India.
Q4FY25 Financial Performance
For Q4FY25, CarTrade Tech reported revenue of ₹189.46 crores, marking an 18% year-on-year (YoY) growth. The profit after tax (PAT) surged by 85% to ₹46.11 crores. The profit before tax (PBT) for the quarter was ₹53.33 crores, reflecting a growth of 79% compared to the previous year.
FY25 Financial Performance
In FY25, CarTrade Tech achieved its highest-ever revenue of ₹711 crores, representing a 28% YoY increase. The company’s PAT saw a significant six-fold increase, reaching ₹145.27 crores. The PBT for the year stood at ₹168.02 crores, up 71% from the previous fiscal year.
Business Segment Performance
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Consumer Group: The Consumer Group was a key driver, with a 29% increase in revenue and a 100% rise in PAT during Q4FY25.
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Remarketing Business: The Remarketing Business posted a 12% increase in revenue, with PAT rising by 47%.
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OLX India: OLX India continued its strong performance, with profits growing 72% YoY in FY25.
Operational Highlights
In Q4FY25, CarTrade Tech received an average of approximately 74 million unique monthly visitors, with 95% of them coming organically. Additionally, the company expanded its presence to over 500 physical locations, including Shriram Automall, CarWale abSure, Signature Dealers, and OLX India Franchisees.
