Conference Call with CarTrade Tech Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Internet & Catalogue Retail company CarTrade Tech announced Q3FY25 results Q3FY25 Financial Highlights: Recorded highest ever Revenue of Rs 192.94 crore in Q3FY25, resulting in growth of 27%. EBITDA for the quarter is at Rs 50.08 crore, resulting in growth of 98%. Adjusted EBITDA for the quarter is at Rs 70.17 crore, resulting in growth of 62%. Profit before tax for the quarter is at Rs 53.39 crore, resulting in growth of 100%. Profit after tax for the quarter is at Rs 45.53 crore as against a loss of Rs 23.55 crore. Other Highlights: Received average monthly unique visitors in Q3FY25, at ~79 million, more than 95% of which are organic. The company is now present in 450+ Physical Locations, including Shriram Automall, CarWale abSure and Signature Dealers & OLX India Franchisee. Vinay Sanghi, Chairman and Founder, CarTrade Tech, said: “We are delighted to announce strong growth this quarter. All three of our business verticals delivered their highest-ever revenue and profits, further cementing our leadership in the market. Revenue for 9MFY25 grew by 32%, and our EBITDA surged by 100%, leading to PAT zooming to Rs 99 crore. Our profit growth outpaced revenue growth, reflecting the strong operating leverage in play. In Q3 alone, profits rose sharply by 48% to Rs 46 crore as compared to Q2. This growth underscores the tremendous potential we have ahead. As a product and technology-led organization, we continue to build on our scalable digital platform, focusing on enhancing our customer experience and expanding our market share. The progress made so far positions us strongly for sustained growth as we continue transforming the digital marketplace.” Result PDF
Conference Call with CarTrade Tech Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.