Online classifieds and auto auction platform CarTrade’s consolidated net profit zoomed 85% to INR 46.1 Cr in the March quarter of the fiscal year 2024-25 (Q4 FY25) from INR 24.9 Cr in the year-ago quarter.

On a quarter-on-quarter basis, profit was almost flat, growing a mere 1.3% from INR 45.5 Cr.

Revenue from operations climbed nearly 17% to INR 169.5 Cr during the quarter under review from INR 145.3 Cr in Q4 FY24. However, sequentially, the top line declined almost 4% from INR 176.2 Cr.

Including other income of INR 19.9 Cr, CarTrade reported a revenue of INR 189.5 Cr in the fourth quarter of FY25.

At 12:44 PM, shares of CarTrade were trading 1.17% higher at INR 1,748 apiece on the BSE.

(The story will be updated shortly.)

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