CarTrade Tech Share Price Gains 13.38% After Q2FY26 Profit Soars 109% to ₹64 Crore

Mumbai, October 28: CarTrade Tech Limited share price is witnessing a heavy rally today, on October 28. As of 1:15 PM, CarTrade Tech shares are up by 13.38%, or 356.60 points, and are trading at ₹3,022. Until now, the shares have traded within a range of ₹3,048 and ₹2,678.40. The current traded volume stands at 27.55 lakh shares, with the company’s market cap at ₹12,689 crore. The shares of the company have their 52-week high at ₹3,048 and their 52-week low at ₹974.15.

CarTrade Tech Limited is an Indian company that sells new and old cars and two-wheelers. The company was established in 2000, and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol CARTRADE and on BSE with the code 543333.

Key Trigger: Strong Q2FY26 And Half-Yearly Financial Performance

The rise in the share price comes after the company announced strong financial results for the quarter ending September 30, 2025. CarTrade Tech Limited’s revenue was ₹222.14 crore in Q2 FY26, a 29% year-on-year rise. EBITDA rose 94% year-on-year to ₹63.60 crore. Profit before tax surged 115% to ₹79.93 crore, while profit after tax jumped 109% to ₹64.08 crore.

For the half-year ended FY26, the company’s total income stood at ₹420.64 crore, up 28% from ₹328.93 crore a year ago. EBITDA grew 96% to ₹107.10 crore. Profit before tax increased 122% to ₹136.84 crore, and profit after tax rose 107% to ₹111.14 crore compared to H1 FY25.

Segment-wise, the Consumer Group reported a 37% rise in revenue and 82% growth in profit after tax year-on-year. The Remarketing Business saw a 23% increase in revenue and 30% PAT growth. OLX India posted 17% revenue growth and a 213% jump in profits.

Furthermore, the platform recorded around 85 million average monthly unique visitors in Q2 FY26. Within this, 95% of the traffic was organic. CarTrade Tech also expanded its footprint to over 500 physical locations through Shriram Automall, CarWale abSure, Signature dealers, and OLX India franchisees. In addition, the company achieved an annualised run rate of 1.8 million auction listings in its remarketing vertical.

REF: https://nsearchives.nseindia.com/corporate/CARTRADE_28102025111223_Press_Release.pdf

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