Archive · 29 Jul 2026
CarTrade Tech Reports Strong Q1 Growth
CarTrade Tech, a company based in Mumbai, recently announced its financial results for the first quarter of the fiscal year 2027.
The company made a net profit of ₹56.75 crore, which is higher than the previous year.
The revenue from operations also increased to ₹201.16 crore.
The company spent ₹152.15 crore in total, with a significant portion going towards employee benefits.
The profit before tax was ₹74.52 crore, and the earnings per share were ₹10.69 for basic and ₹10.26 for diluted.
The company also reported a small loss in other comprehensive income.
The Board of Directors approved these results on July 29, 2026.
Investors see this as a positive sign, while the company attributes the growth to strategic initiatives.
CarTrade Tech reported a net profit of ₹56.75 crore for Q1 FY27, up from ₹47.06 crore in Q1 FY26.
Revenue from operations increased to ₹201.16 crore, compared to ₹173.04 crore in the previous year.
Total consolidated income for the quarter was ₹229.74 crore, up from ₹198.50 crore year-on-year.
Total consolidated expenses were ₹152.15 crore, with employee benefits accounting for ₹83.47 crore.
Profit before tax was ₹74.52 crore, and basic and diluted EPS were ₹10.69 and ₹10.26, respectively.
- Who
- CarTrade Tech
- What
- Reported financial results for Q1 FY27
- When
- Quarter ended 30 June 2026
- Where
- Mumbai
- Why
- To inform stakeholders about the company's financial performance
Investor Perspective
Operational Perspective
Profit Growth
Investor Perspective
Investors view the 19.3% increase in net profit as a positive sign of financial health and potential for higher returns.
Operational Perspective
The company sees this as a result of strategic initiatives and operational efficiencies.
Expense Management
Investor Perspective
Investors may be concerned about the 7.5% increase in total expenses, which could impact future profitability.
Operational Perspective
The company attributes the rise in expenses to necessary investments in growth and employee benefits.
- Net Profit (Q1 FY27)
- ₹56.75 crore
- Revenue from Operations (Q1 FY27)
- ₹201.16 crore
- Total Consolidated Income (Q1 FY27)
- ₹229.74 crore
- Total Consolidated Expenses (Q1 FY27)
- ₹152.15 crore
- Profit Before Tax (Q1 FY27)
- ₹74.52 crore
- Basic EPS (Q1 FY27)
- ₹10.69
- Diluted EPS (Q1 FY27)
- ₹10.26
- Other Comprehensive Income (Q1 FY27)
- ₹-0.78 crore