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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
CarTrade Tech
CarTrade Tech (CARTRADE) investor relations material
CarTrade Tech Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary28 Oct, 2026
Executive summary
Q2 FY27 revenue from operations reached ₹213.09 crore, up 10% YoY; PBT was a record ₹85.45 crore and PAT was ₹65.95 crore.
EBITDA was ₹76 crore, up 20% YoY, and margin reached 36%; adjusted EBITDA was ₹105.50 crore, up from ₹95.73 crore.
H1 revenue from operations grew 13% to ₹414.26 crore; EBITDA rose 30% to ₹138.98 crore and PAT increased 10% to ₹122.71 crore.
Financial highlights
Q2 total income was ₹236.23 crore, up 6% YoY; revenue from operations was ₹213.09 crore, up 10%.
Q2 PBT was ₹85.45 crore versus ₹79.92 crore a year earlier; PAT was ₹65.95 crore versus ₹64.08 crore.
H1 revenue from operations was ₹414.26 crore versus ₹366.45 crore; H1 PAT was ₹122.71 crore versus ₹111.14 crore.
Q2 adjusted EBITDA, described as a cash proxy, was ₹105.50 crore; cash balance was ₹1,401 crore with zero debt.
Outlook and guidance
Management expected Q3 to be the strongest quarter to date in most businesses, with record automotive revenue; no specific consumer growth rate was provided.
Management expected OLX growth to exceed 26%, with potential growth above 30%–35% in coming quarters, supported by new and existing products.
Q3 group EBITDA growth was expected to be similar sequentially to Q2; 40% group margins were identified as a goal if revenue rises while costs stay stable. Long-term ambition: ₹1,000 crore profit within four to five years.
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Latest events from CarTrade Tech
- Rapidly scaling digital auto platform with robust growth, tech-driven services, and market leadership.CARTRADE
Investor presentation - Record revenue and EBITDA growth, with AI and partnerships driving future expansion.CARTRADEQ1 26/27
- PAT rose 68% on 21% revenue growth, with margin expansion and strong cash reserves.CARTRADEQ4 25/26
- Record revenue, profit, and margins across all segments, with robust cash reserves and a Labour Code impact.CARTRADEQ3 25/26
- Record profit and revenue growth, strong margins, and robust cash reserves reported.CARTRADEQ2 25/26
- Record revenue and profit, margin expansion, and strategic shift to classifieds.CARTRADEQ2 24/25
- Q1 revenue up 64% and PAT up 69% year-over-year, with strong platform and segment growth.CARTRADEQ1 24/25
- PAT up 627% in FY25, record revenue, strong segment growth, and strategic shift to Classifieds.CARTRADEQ4 24/25
- Record Q3 FY25 revenue and profit growth across all segments, with strong cash reserves.CARTRADEQ3 24/25
Next CarTrade Tech earnings date
Q3 26/2727 Jan, 2027
CarTrade Tech
Next CarTrade Tech earnings date
Q3 26/2727 Jan, 2027
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Frequently asked questions
CarTrade Tech Limited is an India-based multi-channel auto platform that facilitates the buying, selling, marketing, valuation, and financing of various vehicles including new and used cars, two-wheelers, commercial vehicles, and farm and construction equipment. The company operates under several brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. CarTrade Tech offers an extensive range of services that cater to automobile customers, dealerships, vehicle manufacturers (OEMs), and other businesses involved in vehicle transactions. The company is headquartered in Navi Mumbai, Maharashtra, and its shares are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).