CarTrade Tech shares surged 9.78% to reach ₹1,805.40 on May 7, 2026, marking a significant intraday jump that reflects the company's continued momentum following its record-breaking FY26 performance. According to latest market reports, the stock recorded its biggest intraday jump in over six months, continuing the remarkable rally that began in May. The latest surge comes as the company prepares to announce its Q4 and FY26 financial results on May 7, 2026, with the board meeting scheduled to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026.
For FY26, CarTrade Tech achieved its highest-ever annual revenue of ₹870 crore, reflecting a strong 22% YoY growth. According to the company's earnings filing reported by LiveMint, EBITDA rose 70% YoY to ₹257 crore, with EBITDA margins at 33%. Net profit increased 68% YoY to ₹244 crore, demonstrating the company's ability to maintain strong profitability while scaling operations significantly. The company's success was broad-based across its core segments, with strong performance across Consumer Group, Remarketing, and OLX India business segments.
For the March-ended quarter, CarTrade Tech reported a net profit of ₹71 crore, marking a 54% year-on-year jump. As reported by LiveMint, revenue from operations during the reporting quarter stood at ₹221 crore, up 17% YoY, while EBITDA improved sharply by 55% to ₹72 crore. Operating margins also expanded to 35%, driven by strong growth across the company's consumer group, remarketing, and OLX India businesses. The quarterly performance reflected continued momentum across all business segments.
The company engaged 76 million average monthly unique visitors during Q4FY26, with organic traffic accounting for 95%. As reported by LiveMint, CarTrade Tech now operates across more than 540 physical locations, including Shriram Automall, CarWale abSure, and Signature dealerships, along with OLX India franchise outlets. This extensive physical presence supports the company's diversified revenue streams and market reach across India, with the company maintaining its leadership in the vehicle remarketing space with an annualized run-rate of 1.7 million auction listings.
Commenting on the performance, Vinay Sanghi, Chairman and Founder of CarTrade Tech, stated that businesses continue to benefit from strong consumer engagement, category leadership, deep dealer relationships, and a predominantly organic traffic model. According to LiveMint, the company plans to focus on building AI-led products and next-generation technology platforms to enhance customer experience, improve efficiencies, and strengthen market leadership across the mobility and classifieds ecosystem. Management highlighted that the year's success stems from strong consumer engagement, deep dealer relationships, and an efficient operating model.
