India, July 28 -- Listed reselling platform CarTrade's saw its consolidated profit after tax (PAT) climb 106% to INR 47 Cr in the first quarter of the fiscal year 2025-26 (Q1 FY26) from INR 22.8 Cr in the year-ago quarter, driven by its top-line growth and EBITDA margin.
Sequentially, the profit grew marginally from INR 46.1 Cr in Q4 FY25.
CarTrade's revenue from operations also increased 22% to INR 173 Cr during the quarter under review from INR 141.5 Cr in Q1 FY25, driven by robust growth in the core consumer group business.
On a quarter-on-quarter (QoQ) basis, the operating revenue 2% from INR 169.5 Cr.
For the quarter under review, its EBITDA surged 98% to INR 43.5 Cr against the EBITDA of INR 21.9 Cr in Q1 FY25. The company's EBI...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.