CarTrade Tech shares surged over 13% to ₹2,046.00 as of May 07, 2026, following the company's announcement of exceptional quarterly earnings. The stock had previously risen nearly 5% after reporting its highest-ever annual revenues and delivering strong Q4 FY26 results. According to Angel One, the company reported a 53.6% year-on-year rise in standalone net profit for Q4 FY26 at ₹70.85 crore, compared with ₹46.11 crore in the corresponding quarter last year. The profit also showed a 15.2% increase quarter-on-quarter from ₹61.52 crore in the December 2025 quarter.
The rally comes after the company reported a 53.6% year-on-year rise in standalone net profit for Q4 FY26 at ₹70.85 crore, compared with ₹46.11 crore in the corresponding quarter last year. As reported by Angel One, for FY26, profit after tax increased to ₹243.51 crore over the last 12 months, representing a substantial increase of 67.6% YoY compared to ₹145.27 crore in FY25. The company's revenue from operations grew 19.83% YoY to ₹203.14 crore in Q4 FY26, versus ₹169.51 crore in the year-ago quarter, with annual revenue rising 21.48% YoY to ₹779.27 crore. For the March 2026 quarter specifically, total income increased by 16.5% YoY to ₹220.75 crore, though it declined 3.3% quarter-on-quarter from ₹228.37 crore in December 2025.
The 53.6% profit surge indicates that CarTrade Tech is moving from a 'growth stock' to a 'quality growth' stock, with sustained quarterly EBITDA margin above 15% and improved operational efficiencies. According to Angel One, the growth was primarily driven by higher average revenue per customer and a reduction in operational overheads following the integration of recent acquisitions like OLX India. The company has successfully optimized its acquisition of Sobek Auto (OLX India) and expanded its technology suite for dealerships to include AI-driven appraisal tools, further entrenching its position in the B2B supply chain. For the full fiscal year 2026, total income surged by 22.3% YoY to ₹869.77 crore, up from ₹711.34 crore in the previous year.
Vinay Sanghi, Chairman and Founder of CarTrade Tech, attributed the strong performance to robust consumer engagement and market positioning. As reported by Angel One, Sanghi stated that "Our businesses continue to benefit from strong consumer engagement, category leadership, deep dealer relationships and a predominantly organic traffic model." The company delivered strong growth across its Consumer Group, Remarketing, and OLX India businesses, with profits and margins driven by these key segments. Looking ahead, Sanghi emphasized the company's commitment to AI-driven innovation and market leadership, positioning CarTrade Tech for continued growth in the evolving digital marketplace.
