CarTrade Tech Races Ahead with Blockbuster Q3 Earnings

CarTrade Tech just floored the accelerator, with its stock jumping 9% in Wednesday’s trading session to hit ₹1,489, thanks a stellar Q3FY25 performance. After reporting a net loss a year ago, the company flipped the script with a ₹45.33 crore profit this quarter, marking its best numbers ever across all three business segments. The consumer group led the charge with a 38% revenue boost and a stunning 172% jump in PAT. The remarketing business wasn’t far behind, raking in 28% more revenue and 178% PAT growth. In total, CarTrade Tech pulled in ₹193 crore in revenue—up 27% YoY—with EBITDA nearly doubling to ₹50 crore and margins expanding by a solid 1,000 basis points. The company isn’t just winning on paper. Its digital reach is massive, with 79 million unique visitors each month, mostly organic, and a growing physical presence in over 450 locations. Investors who got in early are sitting on serious gains. From its March 2023 levels of ₹389, CarTrade Tech’s stock has skyrocketed 268%, and from its all-time low of ₹340, it’s up an eye-watering 321%. With a strong grip on the digital automotive marketplace and an expanding footprint, this rally may have more fuel left in the tank.

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