CarTrade Tech Delivers 12 Consecutive Quarters of Over 50% EBITDA Growth
Mumbai, May 11, 2026: CarTrade Tech Limited, India's leading multi-category auto and used product platform, announced a significant profitability milestone today, reporting more than 50% Year-on-Year (YoY) EBITDA growth in each of the last 12 consecutive quarters. The company also highlighted a substantial expansion in EBITDA margins, moving from approximately 3% to 35% over the same period.The achievement underscores the company's robust brand strength, strong network effects, unique technology, and product-led execution alongside operational discipline.
Over the past three years, CarTrade Tech has maintained a trajectory of profitable growth, driven by strong operating leverage and continued investment in product, technology, and AI capabilities across the group.
Commenting on the milestone, Aneesha Bhandary, Executive Director and CFO, stated that delivering 12 consecutive quarters of over 50% EBITDA growth while significantly expanding EBITDA margins from 3% to 35% reflects the strength, scalability, and operating leverage inherent in the platform-led business model.
The company provided a summary of its consistent financial performance over the last three years, demonstrating rapid growth across key metrics:
| Metric | Compound Annual Growth Rate (CAGR) |
|---|---|
| Revenue | 29% |
| EBITDA | 98% |
| PAT | 82% |
CarTrade Tech Limited continues to expand its capabilities, leveraging its platform to drive its profitability journey.
CARTRADE Stock Price Movement
Today, Cartrade Tech Limited shares shed 2.35% of their value, closing at ₹1904. Trading saw a significant volume of 964,167 shares throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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