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CarTrade posts Rs 213 Cr revenue and Rs 66 Cr profit in Q2 FY27

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CarTrade posts Rs 213 Cr revenue and Rs 66 Cr profit in Q2 FY27

Automobile classifieds platform CarTrade released its financial results for the second quarter of FY27 and reported a moderate growth of 10% year-on-year in revenue, while profits remained stable at Rs 66 crore during the period.

CarTrade’s revenue from operations grew to Rs 213.1 crore in Q2 FY27 in contrast to Rs 193.4 crore in Q2 FY26, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE).

On a sequential basis, its revenue rose marginally by 6% during the quarter from Rs 201.2 crore in Q1 FY27.

The Mumbai-based company operates across three segments: Consumer, Remarketing, and Classifieds (OLX India). The Consumer segment accounted for over 37% of total operating revenue, with income of Rs 79.5 crore in Q2 FY27, while the Remarketing and Classifieds (OLX India) segments generated Rs 70.3 crore and Rs 70.2 crore, respectively, before the elimination of Rs 6.9 crore in intersegment revenue.

OLX India recorded a 26% year-on-year increase in revenue and a 36% rise in EBITDA during the quarter.

The company also earned Rs 23 crore from interest on bank deposits, gains from the fair valuation of financial assets and other sources. This took its total income to Rs 236.2 crore in Q2 FY27.

5 crore in H1 FY26. 9 crore during the same period, while EBITDA increased 30% to Rs 139 crore.



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