CarTrade Q4 Profit Jumps 85% YoY To INR 46 Cr

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SUMMARY

On a quarter-on-quarter basis, profit was almost flat as compared to INR 45.5 Cr

Operating revenue jumped 17% to INR 169.5 Cr in Q4 FY25 from INR 145.3 Cr in the year-ago quarter

However, sequentially, the top line declined almost 4% from INR 176.2 Cr

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,…



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CarTrade Q4 Profit Jumps 85% YoY To INR 46 Cr


SUMMARY

On a quarter-on-quarter basis, profit was almost flat as compared to INR 45.5 Cr

Operating revenue jumped 17% to INR 169.5 Cr in Q4 FY25 from INR 145.3 Cr in the year-ago quarter

However, sequentially, the top line declined almost 4% from INR 176.2 Cr

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,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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