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Cars24 narrows operating losses during FY26 as revenue grows 27%: CEO Vikram Chopra

Used-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved Ebitda positivity in January, driven by AI adoption that slashed marketing and tech costs. Loan disbursals also saw a su…

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Cars24 narrows operating losses during FY26 as revenue grows 27%: CEO Vikram Chopra

Used-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved Ebitda positivity in January, driven by AI adoption that slashed marketing and tech costs. Loan disbursals also saw a su…

Used-car sales platform Cars24 which last month saw two of its founders step down from executive roles in quick succession reported a 27% year-on-year growth in adjusted net revenue for fiscal 2026 t…

Originally published by The Times of India. Read the full article →

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