CarTrade Tech profit jumps 85% to Rs 46 crore in Q4FY25; full year profit soars 627% to Rs 145 crore

CarTrade Tech Ltd., a digital automotive platform, reported a strong financial performance for the fourth quarter and full year ended March 31, 2025, driven by steady growth across its consumer and remarketing businesses and strong execution by OLX India.

In Q4 FY25, the company posted a revenue of Rs 189.46 crore, an 18% year-on-year increase, while net profit surged 85% to Rs 46.11 crore. For the full fiscal year, CarTrade achieved its highest-ever revenue of Rs 711 crore, up 28% from last year, and an exceptional 627% rise in profit after tax, reaching Rs 145.27 crore.

The company's multi-platform model, which includes CarWale, OLX India, BikeWale, Shriram Automall and CarTrade Exchange, continues to show strong traction.

The consumer segment alone contributed Rs 238 crore in revenue during FY25, followed by Rs 212 crore from remarketing and Rs 192 crore from classifieds. In the latest quarter, the consumer segment generated Rs 63 crore, up from Rs 49 crore in the same period last year.

Operational efficiency drives margin expansion

Despite a modest 4% increase in expenses to Rs 136 crore in Q4 FY25, CarTrade maintained tight cost controls, with employee benefits accounting for over half of spending. 

For the full year, total expenses rose to Rs 543 crore, up from Rs 457 crore in FY24. The company's strategy of disciplined execution, technology-led efficiencies and platform synergies led to strong operating leverage and enhanced profitability.

Leadership comments

Vinay Sanghi, chairman and founder of CarTrade Tech, called FY25 a "landmark year" for the company. "We've delivered consistent, profitable growth, driven by execution excellence, technology innovation and the unmatched trust our users and partners place in us. As we look ahead, we're more committed than ever to harnessing the power of AI and product innovation to transform customer experiences," he said.

He also noted that the platform surpassed 150 million unique users across CarWale, BikeWale, and OLX India, underlining the brand's scale and digital reach.

With a presence in over 500 physical locations and an expanding footprint across new and used vehicle markets, CarTrade Tech remains optimistic about future growth.

Sanghi concluded, "At CarTrade Tech, we believe the best is yet to come. We step boldly into the future—excited, confident, and ready to redefine marketplaces."