CarTrade Tech, one of India's largest online classifieds and auto auction platforms, experienced a significant surge in its stock price, climbing 17% to reach a two-month high on May 7, 2026. This increase followed the company’s impressive Q4 FY26 results, where it reported a net profit of ₹70.85 crore, reflecting a 54% year-on-year growth. The revenue from operations for the quarter stood at ₹220.75 crore, marking a 17% increase compared to the previous year, while EBITDA rose sharply by 55% to ₹71.65 crore, resulting in operating margins of 35%. For the entire fiscal year, CarTrade Tech achieved record figures with total revenue of ₹870 crore, which is a 22% increase year-on-year, and net profit increased by 68% to ₹244 crore. The company saw engagement from 76 million average monthly unique visitors during the quarter, with 95% of traffic being organic. Vinay Sanghi, Chairman and Founder of CarTrade Tech, attributed the success to strong consumer engagement and a focus on AI-led product development. Despite a previous decline in stock value, the shares have rebounded 18% in May, maintaining a 137% increase over the last two years.