Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
CarTrade posts Rs 169 Cr revenue in Q4 FY25, profit jumps 2X
CarTrade Tech reported strong Q4 FY25 results with revenue growing 35% YoY to ₹169 crore and profits doubling to ₹42 crore. The auto marketplace benefited from increased used car transactions and higher dealer subscriptions on its platforms. The company's omnichannel strategy combining digital platforms with physical auction yards drove operational efficiencies. CarTrade saw particular strength in its B2B auction business and financial services vertical. Management highlighted robust growth in tier 2-3 markets and expects 25-30% revenue growth in FY26. The results demonstrate the scalability of online auto classifieds in India as digital adoption penetrates deeper into used car transactions. CarTrade's stock rose 8% post-earnings as investors cheered the improving profitability metrics.