28-Oct-2026 13:34:38

CARTRADEGeneral news

CARTRADE TECH Q2 CONCALL: EXPECTS RECORD Q3; OLX GROWTH SEEN AT 30–35%

• Q3 Outlook: Management expects Q3 FY27 to be the strongest quarter in company history across almost all businesses • New Auto Business: Expects record quarterly revenue in Q3 FY27 • EBITDA Guidance: Group EBITDA expected to grow approximately 20% QoQ in Q3, similar to Q2 growth over Q1 • OLX Growth: Management expects OLX revenue growth to exceed 26%, potentially reaching 30–35% • Operating Expenses: Costs expected to remain broadly stable, supporting operating leverage • Margin Target: Management aims to achieve approximately 40% group EBITDA margins over time • Long-Term Profit Target: Company targeting ₹1,000 Cr profit over the next 4–5 years • Via Live Launch: New Via Live product expected to roll out during Q3 FY27 • Technology Costs: Via Live launch expected without any material increase in technology expenses • Growth Strategy: Strong OLX momentum, operating leverage and new product launches expected to support profitability expansion

CARTRADE TECH LIMITED

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