New Delhi, Jan. 29 -- CarTrade Tech, one of India's largest online classifieds and auto auction platforms, saw its share price skyrocket 9% in intra-day trade on Wednesday, January 29 to Rs.1,489 apiece following the company's Q3FY25 earnings announcement.

During market hours today, the company announced its December quarter performance, posting a consolidated net profit of Rs.45.33 crore, as its three business verticals delivered their highest-ever revenue and profits. In the same quarter last year, the company had reported a net loss of Rs.23.55 crore. In the preceding two quarters, it recorded a PAT of Rs.23 crore and Rs.31 crore, respectively.

Its consumer group led the growth, achieving a 38% revenue increase and an impressive 172%...