CarTrade’s consolidated net profit rose 3% YoY to ₹66 Cr in Q2 FY27, while operating revenue grew 10% to ₹213.1 Cr.
Revenue growth outpaced the 6% rise in expenses, although net profit growth remained muted.
Net profit increased 16.2% QoQ, while expenses declined 0.9%.
Automotive classifieds company CarTrade
reported a consolidated net profit of ₹66 Cr in the September quarter of FY27, up 3% from ₹64.1 Cr a year earlier. Sequentially, profit rose 16.2% from ₹56.8 Cr.
Operating revenue increased 10.2% to ₹213.1 Cr from ₹193.4 Cr in Q2 FY26. Sequentially, it rose 5.9% from ₹201.2 Cr.
Including other income of ₹23.1 Cr, total income stood at ₹236.2 Cr.
Total expenses rose 6% YoY to ₹150.8 Cr but declined 0.9% from ₹152.1 Cr in the preceding quarter.
Notably, the preceding June quarter included an exceptional expense of ₹3.1 Cr linked to salary restructuring to comply with the new labour codes. CarTrade reported no exceptional expenses in Q2 FY27.
(The story will be updated soon)
Source: Inc42
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