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 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25
CarTrade has reported a strong financial performance for Q3 FY25, posting Rs 176 crore in revenue and Rs 455 crore in profits. The company, which operates as an online pre-owned vehicle platform, has experienced substantial growth, reflecting the increasing demand for used cars in India. CarTrade’s performance is driven by a larger shift in consumer preferences, as more individuals opt for cost-effective used vehicles amid economic uncertainty. The company continues to strengthen its market position through innovative digital strategies and partnerships with various automotive dealers. CarTrade’s ability to generate strong profitability despite market fluctuations highlights the scalability and sustainability of its business model.