Cartrade Tech's Q1 FY 2025-26 Quarterly Results

Result Summary

• Cartrade Tech Ltd reported a 23.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 27.0%.
• Its expenses for the quarter were up by 8.2% QoQ and 7.1% YoY.
• The net profit increased 88.5% QoQ and increased 105.5% YoY.
• The earnings per share (EPS) of Cartrade Tech Ltd stood at 8.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Cartrade Tech Ltd is a prominent player in the Indian automotive industry, primarily focusing on providing online platforms for buying and selling vehicles. The company operates through several well-known brands such as CarWale, CarTrade, and Shriram Automall, offering a wide range of services including auctions for used vehicles, new car listings, and automotive reviews. These platforms cater to consumers, dealers, and OEMs (original equipment manufacturers), providing comprehensive solutions for the automotive lifecycle. As of the latest insights available, there have been no notable recent developments disclosed about the company.

Revenue

In Q1FY26, Cartrade Tech Ltd reported a total income of ₹198.50 crores, which reflects a significant increase of 23.6% from the previous quarter (Q4FY25) where the total income was ₹160.61 crores. On a year-over-year basis, the total income showed an increase of 27.0% when compared to ₹156.36 crores in Q1FY25. This growth in revenue is indicative of the company's expanding market presence and its ability to enhance its revenue streams over the examined periods.

Profitability

Cartrade Tech Ltd demonstrated notable improvements in profitability during Q1FY26. The profit before tax stood at ₹56.91 crores, marking a substantial quarter-over-quarter increase of 91.4% from ₹29.73 crores in Q4FY25. On a year-over-year basis, the profit before tax surged by 135.6% compared to ₹24.16 crores in Q1FY25. The profit after tax also reflected a significant uplift, reaching ₹47.06 crores in Q1FY26, which is an 88.5% increase quarter-over-quarter from ₹24.97 crores in Q4FY25 and a 105.5% increase year-over-year from ₹22.90 crores in Q1FY25. The earnings per share for Q1FY26 was reported at ₹8.40, showing a 90.9% increase both quarter-over-quarter and year-over-year from ₹4.40.

Operating Metrics

The financial data for Cartrade Tech Ltd during Q1FY26 reveals a careful management of expenses and effective operations. The total expenses for the quarter were ₹141.58 crores, which represents an increase of 8.2% from the previous quarter's expenses of ₹130.89 crores and a year-over-year increase of 7.1% from ₹132.21 crores in Q1FY25. The tax expense for Q1FY26 was ₹9.85 crores, up by 55.9% from ₹6.32 crores in Q4FY25 and by 515.6% from ₹1.60 crores in Q1FY25. This escalation in tax expense aligns with the company's increased profitability metrics. The existing data does not provide sufficient details to calculate key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio, as specific data points like market capitalization, debt, and current assets/liabilities are not available.