CarTrade shares surge as quarterly profit doubles on strong revenue momentum

CarTrade’s quarterly profit more than doubled, boosting its stock by 15% as investors cheered revenue growth and improving digital platform efficiency.

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13 days ago

CarTrade shares surge as quarterly profit doubles on strong revenue momentum

Auto marketplace CarTrade Technologies reported a significant profit jump in its latest quarter, with net earnings rising to ₹64 crore on revenue of ₹193 crore. The company’s digital ecosystem expansion and strong advertising growth supported margin improvement, prompting a 15% surge in its stock price during the session. Analysts highlighted its improved cost efficiency and platform diversification into used-car financing as drivers for sustained performance. CarTrade’s results underline investor optimism in digital auto platforms amid rising consumer preference for online transactions.
Entrackr• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
positive
13 days ago

CarTrade shares surge as quarterly profit doubles on strong revenue momentum

Auto marketplace CarTrade Technologies reported a significant profit jump in its latest quarter, with net earnings rising to ₹64 crore on revenue of ₹193 crore. The company’s digital ecosystem expansion and strong advertising growth supported margin improvement, prompting a 15% surge in its stock price during the session. Analysts highlighted its improved cost efficiency and platform diversification into used-car financing as drivers for sustained performance. CarTrade’s results underline investor optimism in digital auto platforms amid rising consumer preference for online transactions.
Entrackr• By Harsh Ranjan
Explore:Mutual Fund Tools
positive

CarTrade shares surge as quarterly profit doubles on strong revenue momentum

13 days ago
1 min read
81 words

CarTrade’s quarterly profit more than doubled, boosting its stock by 15% as investors cheered revenue growth and improving digital platform efficiency.

Auto marketplace CarTrade Technologies reported a significant profit jump in its latest quarter, with net earnings rising to ₹64 crore on revenue of ₹193 crore. The company’s digital ecosystem expansion and strong advertising growth supported margin improvement, prompting a 15% surge in its stock price during the session. Analysts highlighted its improved cost efficiency and platform diversification into used-car financing as drivers for sustained performance. CarTrade’s results underline investor optimism in digital auto platforms amid rising consumer preference for online transactions.
Auto marketplace CarTrade Technologies reported a significant profit jump in its latest quarter, with net earnings rising to ₹64 crore on revenue of ₹193 crore. The company’s digital ecosystem expansion and strong advertising growth supported margin improvement, prompting a 15% surge in its stock price during the session. Analysts highlighted its improved cost efficiency and platform diversification into used-car financing as drivers for sustained performance. CarTrade’s results underline investor optimism in digital auto platforms amid rising consumer preference for online transactions.
Companies:
CarTrade Technologies
Tags:
stocks
India
stocks
India
CarTrade
earnings
automotive
digital
Source: Entrackr
By Harsh RanjanExplore:High Return Equity Mutual Fund
Oct 28, 2025 • 15:26 IST

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