CarTrade Tech shares jump 14% on highest ever revenue in Q4, PAT grows 43% YoY

CarTrade Tech shares jumped 14% to the day’s high of Rs 857.80 on the NSE on Monday after the multi-channel auto platform reported its highest ever revenue of Rs 161 crores for the quarter ended March 31, 2024, registering a 38% year-on-year growth. The profit after tax (PAT) for the reported quarter stood at Rs … Read more

CarTrade Technologies open to further acquisitions to fast-track expansion plans

Auto marketplace CarTrade Technologies – which bought pre-owned goods classifieds platform OLX in a Rs 535-crore transaction earlier this fiscal – is open to further acquisitions to fast-track its expansion plans in the country. Vinay Sanghi, Founder & Chief Executive Officer (CEO), CarTrade Technologies told ET, the recently concluded integration with OLX has helped expand … Read more