CarTrade Tech’s shares fall after it reports Q2 FY27 results, with net profit rising but revenue growth slowing compared with earlier periods. In Q2, PAT increases about 3% year-on-year to ₹66 crore and revenue rises to ₹213 crore, while EBITDA also grows (about 18%–20% year-on-year to around ₹76 crore), alongside improving EBITDA margin.
Outlets also highlight operating metrics and expansion details. Reports say the company attracts about 76 million average monthly unique visitors, with most traffic coming organically, and it expands its physical presence to more than 500 locations. Coverage also points to OLX India’s performance within the group, including stronger growth rates for revenue and EBITDA.
Some outlets emphasise the market reaction and why investors sell despite profitability improving. Others focus on management commentary and analyst views. Economic Times notes Nomura raises its target price to ₹3,377 while trimming revenue estimates, whereas other coverage stresses the sharper-than-expected share decline and slower revenue growth rate.
