26 Jul, EOD - Indian

SENSEX 81332.72 (1.62)

Nifty 50 24834.85 (1.76)

Nifty Bank 51295.95 (0.80)

Nifty IT 40977.35 (2.30)

Nifty Midcap 100 57768.1 (1.81)

Nifty Next 50 73400.65 (1.65)

Nifty Pharma 21603.1 (2.36)

Nifty Smallcap 100 18854 (0.97)

26 Jul, EOD - Global

NIKKEI 225 37667.41 (-0.53)

HANG SENG 17021.31 (0.10)

DOW JONES 40589.34 (1.64)

S&P 5459.1 (1.11)

Login/Signup

Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(10 Nov 2023, 15:04)

CarTrade Tech jumps as Q2 PAT soars 132% YoY to Rs 13 cr

CarTrade Tech surged 14.13% to Rs 831.75 after the company’s consolidated net profit zoomed 132.44% to Rs 12.97 crore as against Rs 5.58 crore recorded in Q2 FY23.

Net revenue stood at Rs 147.94 crore in Q2 FY24, registering a growth of 44.35% from Rs 102.49 crore posted in Q2 FY23.

The company reported a total income of Rs 330.24 in the second quarter of FY24, steeply higher than Rs 102.49 crore in Q2 FY23.

Profit before tax grew by 12.73% year on year to Rs 15.50 crore during the quarter.

Adjusted EBITDA in Q2 FY24 was at Rs 31.91 crore, up 3.81% from Rs 30.74 crore in Q2 FY23. Adjusted EBITDA margin reduced to 22% in Q2 FY24 as compared to 30% recorded in the corresponding quarter previous year.

The company said that its platforms received 70 million average monthly unique visitors in Q2 FY24, of which over 90% were organic. The number of annualized listings for auctions conducted by Shriram Automall were 1.2 million based on Q2...

More News
More Company News View Company Information