Cars24 achieves first quarterly profit driven by core business growth

business-standard.com

Cars24 achieved its first-ever quarterly profit in Q4 FY26, reporting an adjusted EBITDA of ₹20 crore. This milestone was driven by significant growth in its lending, retail sales, and ownership services, reflecting a strategic shift to an AI-powered car ownership ecosystem. The company aims to make car ownership more accessible and affordable, with AI central to its strategy for continued expansion and global growth.


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Cars24 achieves first quarterly profit driven by core business growth | News Minimalist