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2 days agoCarTrade 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.
positive
2 days agoCarTrade 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.
positive
CarTrade shares surge as quarterly profit doubles on strong revenue momentum
2 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
Oct 28, 2025 • 15:26 IST