Cartrade Tech Ltd Share Price – NSE  / BSE

Retail, Small Cap

In an exchange filing, CarTrade said both parties have mutually decided not to proceed with the proposed consolidation in the automotive classifieds space. The discussions were first disclosed on 11 November 2025.

The company stated that it will continue to focus on strengthening its existing platforms ? CarWale, BikeWale, OLX India and Shriram Automall. Management said these businesses operate in a large and growing market and offer strong long-term growth potential.

CarTrade added that it will keep evaluating strategic opportunities as part of its normal business process and will disclose any material developments as required.

CarTrade Tech is India?s largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users including consumers, dealers, OEMs, and enterprises to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency.

On a consolidated basis, the company reported revenue of Rs 222.14 crore in Q2FY26, resulting in YoY growth of 29%. Profit after tax for the quarter stood at Rs 64.08 crore, resulting in YoY growth of 109%.

The stock hit a record high of Rs 3,291.35 on 17 November 2025.

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CarTrade Tech was in preliminary discussions with Girnar Software regarding a potential consolidation opportunity in the automotive classifieds businesses (CarDekho and BikeDekho) in India.

Now, the parties have mutually decided not to proceed with the proposed transaction at this stage. Accordingly, the transaction is not being pursued for now.

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The company said it is exploring a potential consolidation of their automotive classifieds businesses as part of its ongoing growth strategy. CarTrade added that the talks are limited to the auto classifieds segment and exclude Girnar's financing, insurance, and other non-automotive operations.

CarTrade clarified that no binding or definitive agreement has been signed yet. If any binding document is executed, the company will make the necessary disclosure in accordance with SEBI?s Listing Obligations and Disclosure Requirements, it said in a statement.

CarTrade Tech is India?s largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users including consumers, dealers, OEMs, and enterprises to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency.

On a consolidated basis, CarTrade reported revenue of Rs 222.14 crore in Q2FY26, resulting in YoY growth of 29%. Profit after tax for the quarter stood at Rs 64.08 crore, resulting in YoY growth of 109%.

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Net profit of Cartrade Tech rose 113.99% to Rs 59.66 crore in the quarter ended September 2025 as against Rs 27.88 crore during the previous quarter ended September 2024. Sales rose 25.42% to Rs 193.41 crore in the quarter ended September 2025 as against Rs 154.21 crore during the previous quarter ended September 2024.

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