CarTrade Q1 FY27 revenue rises 16% to Rs 201 crore; profit up 21%
CarTrade Tech reported Rs 201 crore in operating revenue and Rs 57 crore net profit in Q1 FY27. The auto marketplace also partnered with Spinny to list quality-assured used cars across CarWale and OLX India, supported by its VAYA AI matching tool.
CarTrade Tech posted Rs 201 crore Q1 FY27 operating revenue and Rs 57 crore profit. It also partnered with Spinny to offer quality-assured used cars across CarWale and OLX India, using VAYA AI to match consumers with listings.
Why this matters
The earnings follow CarTrade Tech’s recent Spinny partnerships to expand quality-assured used-car listings across CarWale and OLX India, while JM Financial highlighted potential upside from OLX subscriptions.
Retail-company is accelerating, up +401367% QoQ.
Also reported by
- Entrackr — Same time