Shares of CarTrade Tech surged sharply in trade after the company reported a strong set of Q4 FY26 earnings, led by robust profit growth and significant margin expansion.
The stock rose over 6% intraday to ₹1,954.80 on the NSE after the earnings announcement. The counter was trading at ₹1,927, up 6.62%, at around 11:45 AM.
CarTrade Tech reported a consolidated net profit of ₹64.6 crore for the March quarter, marking a 53.8% year-on-year increase from ₹42 crore reported in the corresponding quarter last year.
Revenue from operations rose 19.8% YoY to ₹203 crore compared to ₹169.5 crore in Q4 FY25.
The company also posted strong operational performance during the quarter. EBITDA increased 55% YoY to ₹71.4 crore versus ₹46 crore in the year-ago period, while EBITDA margin expanded sharply to 35.2% from 27.2% last year.
The strong margin improvement appears to have boosted investor sentiment despite moderation in platform traffic on a sequential basis.
CarTrade Tech said the company engaged 76 million average monthly unique visitors during Q4 FY26, compared with 85 million in Q3 FY26, reflecting a decline of nearly 10% quarter-on-quarter.
Investors, however, largely focused on the company’s improving profitability metrics and operating leverage, which helped the stock rally sharply after the results announcement.
CarTrade Tech operates digital automotive platforms across vehicle buying, selling, auctions and classifieds through brands including CarWale, BikeWale, OLX India, Shriram Automall and CarTrade.