Car reselling platform CarTrade’s consolidated net profit more than doubled to INR 64.1 Cr in the second quarter of the ongoing fiscal year (Q2 FY26) from INR 30.7 Cr in the same quarter last year, led by strong top line growth and improvement in margins.

Sequentially, profit increased 36.1% from INR 47.1 Cr.

The auto portal’s revenue from operations grew 25% to INR 193.4 Cr during the quarter under review from INR 154.2 Cr in Q2 FY25. On a quarterly basis, revenue grew nearly 12% from INR 173 Cr.

Total expenses rose 5.3% YoY and 0.4% QoQ to INR 142.2 Cr in Q2 FY26.

Shares of the company surged following the announcement of Q2 earnings and were trading 7% higher at INR 2,850 on the BSE at 11:35 IST.

(The story will be updated soon)

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