CarTrade shares zoom 10% on robust Q4 results
In the January to March quarter of FY24, the revenue of operations of the auto platform stood at ₹145.27 crore, up 51.5%, as against ₹95.86 crore in the same period last year.
In the January to March quarter of FY24, the revenue of operations of the auto platform stood at ₹145.27 crore, up 51.5%, as against ₹95.86 crore in the same period last year.
The development comes months after CarTrade acquired a 100% stake in OLX’s classified and auto business in India worth ₹535.4 crore in August this year
The online auto classifieds platform will buy OLX India's auto sales business for cash consideration of ₹537.43 crore.