CarTrade
CarTrade is growing, with Q1 FY27 operating revenue of ₹201.2 crore, up 16.3% year-on-year, and net profit of ₹56.8 crore (Inc42, 29 Jul). Profit is down 19.8% from ₹70.8 crore in the March quarter (Inc42).
What it means Used-car rivals face a CarTrade that now sells end-to-end on OLX and CarWale through Spinny's inspection, inventory and delivery, backed by 550 outlets.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 4 stories, the newest dated 25 Aug 2026. Summary written 3 Oct 2026.
CarTrade is an Indian auto marketplace whose platforms include CarWale and OLX, where users buy and sell cars. [1] source: Medianama[2] source: Inc42
Show 3 more paragraphs and 4 sources
It has 550 physical abSure and Signature outlets. [1] source: Medianama Medianama reported that 23 million annual users visit CarWale and OLX to buy or sell cars, and that OLX has 20 million buyers and 3 million sellers annually. [1] source: Medianama
In August 2026, CarTrade partnered with Spinny to add inspection, inventory and delivery to OLX and CarWale, enabling end-to-end online used-car purchases in India. [1] source: Medianama The company is shifting from listing fees toward transaction commissions, supported by VAYA AI. [1] source: Medianama For Q1 FY27, reported in July 2026, CarTrade posted consolidated net profit of ₹56.8 crore, up 21% year-on-year, and operating revenue of ₹201.2 crore, up 16%. [2] source: Inc42 Net profit fell 19.8% from ₹70.8 crore in the March quarter. [2] source: Inc42 Total revenue was ₹229.7 crore, including other income of ₹28.6 crore. [2] source: Inc42
In July 2026, UBS rated CarTrade Buy with a target price of Rs 4000, and Nomura named it among its top Q1 picks. [3] source: NDTV Profit[4] source: Moneycontrol
Sources
Questions about CarTrade
How many CarTrade stores are there?
CarTrade has 550 physical abSure and Signature outlets, according to Medianama's August 2026 report on its partnership with Spinny. [1] source: Medianama
How fast is CarTrade growing in India?
CarTrade reported Q1 FY27 operating revenue of ₹201.2 crore, up 16.3% year-on-year from ₹173 crore, and consolidated net profit of ₹56.8 crore, up 20.6% from ₹47.1 crore, in July 2026. [2] source: Inc42
Stories that mention CarTrade
2 stories
CarTrade is named in these stories but is not their subject.