Press release

Date: October 28, 2026 To, To, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange plaza, Plot No. C/1, G Block Dalal Street Bandra Kurla Complex, Bandra East, Mumbai - 400001 Mumbai – 400051 Scrip Code: 543333 Scrip Symbol: CARTRADE ISIN: INE290S01011 Dear Sir(s)/Madam(s), Sub: Press Release on Unaudited Financial Results of the CarTrade Tech Limited (the “Company”) for the second quarter and half year ended on September 30, 2026 Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with Schedule III thereof, as amended, we enclose herewith a press release being issued by the Company on the Unaudited Financial Results of the Company for the second quarter and half year ended on September 30, 2026. The same is also available on the website of the Company at https://www.cartradetech.com/ The above is for your information and records. Yours faithfully, For CarTrade Tech Limited Lalbahadur Pal Company Secretary and Compliance officer Mem. No. A40812 Enclosed: a/a CarTrade Tech Reports Highest-Ever Income of ₹236 crores and EBITDA jumps by 20% to ₹76 crores; OLX India Revenues grow by 26% and EBITDA zooms by 36% Mumbai, 28th October 2026: CarTrade Tech Limited (NSE: CARTRADE, BSE: 543333), India's leading digital platform for vehicles and used goods, today announced its financial results for the quarter ended September 30, 2026 ("Q2 FY27"). The Company reported its highest-ever quarterly Revenue of ₹213 crores; EBITDA jumps by 20% to ₹76 crores and achieved its highest ever Profit Before Tax of ₹85 crores. OLX India maintained strong momentum with a 26% YoY growth in revenue and a 36% YoY increase in EBITDA. Key Highlights – Q2 FY27 (Consolidated): ● Highest-ever quarterly Revenue of ₹213 crores; resulting in YoY growth of 10%. ● EBITDA of ₹76 crores in Q2FY27, resulting in YoY growth of 20%. ● Highest-ever quarterly Profit Before Tax of ₹85 crores, resulting in YoY growth of 7%. ● Profit after tax for the quarter is at ₹66 crores, resulting in YoY growth of 3%. Key Highlights – H1 FY27 (Consolidated): ● Revenue of ₹414 crores in H1FY27, resulting in YoY growth of 13%. ● EBITDA of ₹139 crores in H1FY27, resulting in YoY growth of 30%. ● Profit before tax for the H1FY27 is at ₹160 crores, resulting in YoY growth of 17%. ● Profit after tax for the H1FY27 is at ₹123 crores, resulting in YoY growth of 10%. Consolidated results for the quarter ended and half year ended September 30th, 2026. Particulars (₹ crore) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue 213 193 10% 414 366 13% EBITDA 76 64 20% 139 107 30% EBITDA Margin % 36% 33% 34% 29% Profit Before Tax (PBT) 85 80 7% 160 137 17% Profit After Tax (PAT) 66 64 3% 123 111 10% Operational Highlights: ● The Company attracted ~76 million average monthly unique visitors during Q2FY27, with 96% of the traffic being organic, underlining strong brand equity and content leadership. ● CarTrade Tech now has a presence in 500+ physical locations, including Shriram Automall, CarWale abSure & Signature dealers, and OLX India franchisees, strengthening its pan-India network and enabling last-mile connectivity ● Its leading digital platforms—CarWale, BikeWale, and OLX India—each cater to more than 150 million annual unique visitors, underscoring the scale and depth of engagement across the ecosystem. ● The remarketing business achieved an annualized run-rate of 1.6 million listings for auction, reinforcing its leadership in vehicle remarketing. Commenting on the Company’s performance, Mr. Vinay Sanghi, Chairman and Founder, CarTrade Tech, said: “We delivered our highest-ever quarterly revenue of ₹213 crore and profit before tax of ₹85 crore, with EBITDA growing 20% year-on-year. OLX India continued its strong momentum, recording 26% revenue growth and 36% EBITDA growth. We are excited about the possibilities that technology and AI are unlocking to build innovative products and deliver richer, more intuitive user experiences across our platforms. Our scale, organic reach and asset-light business model position us well to drive sustainable, profitable growth and further expand our margins.” About CarTrade Tech Limited: (www.cartradetech.com; NSE: CARTRADE|BSE:543333) CarTrade Tech Limited is one of the world’s largest digital automotive ecosystems and India’s leading online marketplace company. Through platforms including CarWale, BikeWale, Shriram Automall and OLX India, the Company serves ~76 million monthly unique users, with 96% of its traffic generated organically. Its consumer marketplaces host more than 63% of India’s online used car listings, while its remarketing platforms handle ~1.6 million auction listings annually. With a strong nationwide network spanning over 500 physical locations and a technology-led, asset-light platform model, CarTrade Tech enables millions of consumers, dealers, OEMs and enterprises to buy and sell vehicles and other used products with ease, trust and efficiency. For More Information, Please Contact: COMPANY: CIN: L74900MH2000PLC126237 Email: investor@cartrade.com I T: +918657898691 Safe Harbor Statement Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward looking statements to reflect events or circumstances after the date thereof ******