India, Jan. 29 -- Online classifieds and auto auction platform CarTade posted a consolidated net profit of INR 45.53 Cr in the third quarter of the financial year 2024-25 (Q3 FY25) against a loss of INR 23.55 Cr in the year-ago quarter.
On a quarter-on-quarter basis, net profit zoomed 48% from INR 30.72 Cr.
Operating revenue surged 27% to INR 176.21 Cr during the quarter under review from INR 138.58 Cr in Q3 FY24. Sequentially, it rose 14.3% from 154.20 Cr.
Including other income of INR 16.72 Cr, total revenue stood at INR 192.94 Cr in the December quarter of FY25 as compared to INR 151.85 Cr in the corresponding quarter last year.
EBITDA jumped 98% to INR 50.07 Cr in Q3 FY25 from INR 25.35 Cr in the same quarter last year. On a QoQ b...
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.