Automobile classifieds platform CarTrade reported a steady performance in Q4 FY26, with revenue from operations rising 19% year-on-year to ₹203 crore, crossing the ₹200 crore mark for the quarter. The company’s net profit increased 54% to ₹71 crore, supported by controlled costs and stable growth across segments.
On a sequential basis, revenue saw a marginal dip of around 3% from ₹210 crore in Q3 FY26, indicating some moderation in quarter-on-quarter momentum.
CarTrade operates across three key segments Consumer, Remarketing, and Classifieds (OLX India). The consumer segment contributed the largest share at 39% of operating revenue, generating ₹79 crore. The remarketing business added ₹72 crore, while the classifieds segment contributed ₹55 crore, before intersegment adjustments.
The company also recorded ₹17.6 crore in non-operating income, including interest income and gains from financial assets, taking its total income for the quarter to ₹221 crore.
For the full fiscal year FY26, CarTrade reported 21% growth in operating revenue to ₹779 crore, up from ₹641 crore in FY25. Profit for the year rose over 68% to ₹244 crore, reflecting improved operational efficiency.
On the cost side, employee expenses remained the largest component, accounting for more than 53% of total expenditure and rising 10% to ₹78 crore. Overall expenses grew at a slower pace of 7% year-on-year to ₹146 crore, helping expand profitability margins.
The company’s improved bottom line highlights the benefits of disciplined cost management and diversified revenue streams across its business verticals.
In a separate disclosure, CarTrade granted 50,000 ESOPs worth ₹9.74 crore under its Employee Stock Option Plan 2021.
As of the latest trading session, CarTrade’s shares were priced at ₹1,948.7, giving it a market capitalisation of around ₹9,854 crore ($1.03 billion).
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