CarTrade Tech Stock Skyrockets on Blowout Q2 Results – Can the Rally Keep Going?
CarTrade Tech reported a stellar Q2 that far outpaced a soft market. The Economic Times noted the company’s consolidated net profit more than doubled to ₹64.1 croreeconomictimes.indiatimes.com. Revenue from operations grew ~25% to ₹193.4 croreeconomictimes.indiatimes.com. Even as sales surged, expense growth remained modest, reflecting operational leverage. These factors lifted EBITDA sharply.