CarTrade Tech’s shares soared by 5% after the company reported impressive Q2 results for FY25. The automotive marketplace saw its total income rise to ₹172.23 crores, marking a significant 27% year-over-year increase from ₹135.91 crores in Q2FY24.
Key highlights include a remarkable 509% surge in Profit After Tax (PAT), reaching ₹30.73 crores compared to just ₹5.04 crores in the same quarter last year. The company also reported a 44% increase in Profit Before Tax (PBT), which stood at ₹37.14 crores.
Adjusted EBITDA grew by 37% to ₹56.81 crores, and the overall EBITDA jumped by an impressive 54% to ₹32.70 crores.
As of 12:22 pm, CarTrade Tech shares were trading 4.61% higher at Rs 1,027.70 on the NSE.
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