CarTrade Tech Q2 revenue greater than doubles, inventory surges 13% to all-time excessive

Shares of CarTrade Tech surged as a lot as 13% on Tuesday to hit a 52-week excessive of Rs 3,008.95 on the BSE after the net auto reselling platform reported that its second-quarter revenue greater than doubled year-on-year, pushed by strong income progress and stronger margins.

The corporate’s consolidated internet revenue jumped 109% year-on-year to Rs 64.1 crore within the July–September quarter (Q2 FY26) from Rs 30.7 crore a 12 months earlier. Sequentially, revenue rose 36.1% from Rs 47.1 crore within the earlier quarter.

Income from operations for the September quarter climbed 25% to Rs 193.4 crore from Rs 154.2 crore a 12 months earlier, and almost 12% from Rs 173 crore within the earlier quarter.

Whole bills elevated modestly by 5.3% year-on-year and 0.4% quarter-on-quarter to Rs 142.2 crore in Q2 FY26, indicating value efficiencies whilst the corporate expanded its enterprise.

Client Group fueled efficiency

CarTrade Tech mentioned its Client Group division remained the primary driver of progress, with income rising 37% year-on-year and revenue after tax up 82%. The corporate added that the unit achieved a 40% EBITDA margin within the quarter — “a benchmark for excellence within the trade.”

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OLX India maintained momentum

OLX India, acquired by CarTrade in 2023, additionally delivered regular beneficial properties. The corporate mentioned income grew 17% year-on-year whereas revenue after tax surged 213%. OLX “continues its quarter-on-quarter progress trajectory, reaching a 30% EBITDA margin in Q2 FY26,” CarTrade added.

Tuesday’s rally prolonged CarTrade Tech’s outstanding run this 12 months. The inventory has gained 15% up to now month and is up 85.5% to this point in 2025. Over the previous 12 months, shares have soared 169%, underscoring investor optimism across the firm’s turnaround and progress trajectory.

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