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The Economic Times

Debaroti Adhikary

CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%

Shares of OLX India operator CarTrade Tech fell more than 7% on Wednesday after the company reported its Q1 FY27 results, with consolidated net profit rising 19% year-on-year (YoY) to Rs 51 crore.

Revenue from operations increased more than 16% YoY to Rs 201 crore during the quarter. On a sequential basis, however, net profit declined around 21%, while revenue slipped nearly 1% from the fourth quarter of FY26.

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