CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Earning call on Q1FY2418-08-2023
18-08-2023
CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Analyst/ Investor call to discussed acquisition of OLX Autos16-08-2023
CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation14-08-2023
CarTrade Tech buys OLX's classified and auto business in India for Rs 535.54 cr
OLX, one of the country's leading classified players with more than 100-plus million app downloads, operates in 12 broad categories including cars, bikes,real estate, electronics, etc.13-08-2023
CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release dated August 13, 202313-08-2023
CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of of Q1FY24 Results11-08-2023
CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Acquisition
Initiation of complication of acquisition of Sobek Auto India Private Limited11-08-2023
CarTrade Tech Ltd - 543333 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is further to our intimation dated August 07, 2023, giving advance intimation of the earnings conference call scheduled to be held on Thursday, August 10, 2023 with several Analysts/Institutional Investors/Funds with respect to discussion on Unaudited Financial Results (Standalone and Consolidated) for the first quarter ended June 30, 2023.10-08-2023
Q1FY24 Quarterly Result Announced for CarTrade Tech Ltd.
Internet & Catalogue Retail company CarTrade Tech announced Q1FY24 results: Recorded quarterly revenue at Rs 106.91 crore in Q1FY24. Adjusted EBITDA for Q1FY24 is at Rs 30.95 crore resulting in a YoY growth of 74%. PBT for Q1FY24, stood at Rs 15.77 crore resulting in a YoY growth of 316%. PAT for Q1FY24, stood at Rs 13.51 crore and witnessed a YoY growth of 307%. CarTrade Tech received 34 million average monthly unique visitors for Q1 FY24, of which 85% were organic. The number of listings for auction was 2,50,103 for Q1FY24. The volumes sold via auction were 49,112 for Q1FY24. Commenting on the company’s performance, Vinay Sanghi, Chairman and Founder, CarTrade Tech, said, “I am happy to report that we are amongst a few internet companies that continue to grow and are profitable. In Q1FY24, we achieved quarterly revenue of Rs 106.91 crore, an 18% YoY growth. Our PAT for Q1FY24 stood at Rs 13.51 crore representing more than a 300% YoY growth and continues to outpace our revenue growth, as we have an asset-light and scalable business model. Our robust brands manifest their strength by being leaders in Google Trends and our huge average monthly unique visitor count of 34 million, 85% of which originates organically.” Result PDF10-08-2023