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28/07/2025 11:51

CarTrade Tech Q1 net profit jumps 78.49% at Rs 22.99 cr

The company reported standalone net profit of Rs 22.99 crore for the quarter ended June 30, 2025 as compared to Rs 12.88 crore in the same period last year, registering a year-on-year growth of 78.49 per cent.

Net revenue of the company rose substantially by 31.55 per cent at Rs 66.38 crore in April-June quarter of this fiscal as against Rs 50.46 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 8.61 per cent to Rs 46.95 crore from Rs 43.23 crore in year ago period.

Other Income grew by 37.32 per cent at Rs 12.51 crore versus (Jun'24 Rs 9.11 crore).

Operating Profit surged by 168.74 per cent to Rs 19.43 crore as against Rs 7.23 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 104.26 per cent in June quarter.

Interest grew by 35.71 per cent y-o-y to Rs 0.19 crore, while Taxation increased by 673.49 per cent at Rs 6.42 crore (Jun'24 Rs 0.83 crore).