CarTrade Tech Limited Announces Quarterly Results for Q1 FY27; Highlights Impact of Labour Code Restructuring
CarTrade Tech Limited has reported its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were approved by the company's Board of Directors at a meeting held on July 29, 2026.The company provided details on its financial performance, including revenue, expenses, and profitability across various segments. Financial outcomes for both the consolidated entity and the standalone operating company have been released, along with notes detailing specific items such as exceptional costs related to labor code compliance.
Standalone Performance Snapshot (Q1 FY27)
The Unaudited Standalone Financial Results provide a look into the performance of CarTrade Tech Limited during the quarter. Key figures for the period are detailed below:| Particulars | Quarter ended June 30, 2026 (Unaudited) | March 31, 2026 (Audited) | June 30, 2025 (Unaudited) |
|---|---|---|---|
| Revenue from operations | 7,811.03 | 7,938.95 | 6,638.16 |
| Total Income | 9,146.14 | 8,840.94 | 7,889.01 |
| Profit before Exceptional items and tax | 3,614.28 | 3,612.93 | 2,941.44 |
| Profit for the quarter / year (Standalone) | 2,573.69 | 3,517.64 | 2,299.41 |
Consolidated Financial Results Overview
The consolidated results reflect the performance of CarTrade Tech Limited and its subsidiaries, including Shriram Automall India Limited, CarTrade Finance Private Limited, CarTrade Foundation, Sobek Auto India Private Limited, CarTradeExchange Solutions Private Limited, and Adroit Inspection Services Private Limited.For the quarter ended June 30, 2026 (Unaudited), the consolidated entity reported a Total Revenue from Operations of 20,116.32 lakhs. The company recorded Total Income at 22,973.82 lakhs for the same period.
The overall profitability metrics are presented below:
| Particulars | June 30, 2026 (Unaudited) | March 31, 2026 (Audited) | June 30, 2025 (Unaudited) |
|---|---|---|---|
| Total Revenue from Operations | 20,116.32 | 20,314.31 | 17,303.97 |
| Other income | 2,857.50 | 1,760.87 | 2,546.11 |
| Total Income | 22,973.82 | 22,075.18 | 19,850.08 |
| Profit for the quarter / year (Consolidated) | 5,675.29 | 7,084.58 | 4,706.32 |
Segmentwise Performance
The company operates across several segments: Consumer, Remarketing, and Classifieds. The segment performance details for the quarter ended June 30, 2026 (Unaudited) are summarized as follows:| Segment | Revenue from Operation (in Lakhs) |
|---|---|
| Consumer | 7,811.03 |
| Remarketing | 6,723.28 |
| Classifieds | 6,217.94 |
| Total Segment Revenue | 20,752.25 |
Impact of Labour Code Restructuring
A significant element noted in the results relates to the impact of changes brought by the Government's notification and implementation of the Labour Codes on November 21, 2025.The Group assessed the impact of these regulatory changes. An incremental expense amounting to 650.71 lakhs was recorded as an exceptional item in the year ended March 31, 2026. Additionally, during the quarter ended June 30, 2026, the company concluded a restructuring of salaries to align with the requirements of the New Labour Codes and conducted an actuarial assessment. This resulted in another incremental expense of 307.55 lakhs, which was disclosed as an exceptional item for that quarter.
CARTRADE Stock Price Movement
As of 11:08 AM, shares of Cartrade Tech Limited are shedding value in live trading, slipping by 2.50% to reach ₹2888.70. The stock has seen a brisk volume of 563,528 shares traded so far during the current market session.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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