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Cars24-logo
Cars24
Cars24-logoCars24-logo
Cars24

Cars24 - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Cars24 Services Private Limited
Private
Cars24 Services Private Limited
2015
2015

Founded in 2015, Cars24 is a marketplace for automobiles for buying and selling pre-owned cars. The unicorn also offers a platform for buying a new car through its aggregator model, along with its add...

Funding stage:

Corporate Round

Last funding:

26/07/2024

Total funding:

$1.30 Bn+

Revenue:

₹6,737.4 Cr+ (FY24)
Prev. FY

Investors

Employee count:

10,093

Last 90d

10,093

Last 90d

Web traffic:

9.67 Mn

9.67 Mn

Last 30d

Last 30d

Glassdoor Rating:

Cars24: Financial Breakdown

Decoding financial health metrics of Cars24

  • total_revenue_logo
    Total Revenue
    ₹6,737.4 Cr
    23%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹7,254.2 Cr
    22%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-516.8 Cr
    -11%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹2,207.3 Cr
    -3%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -7.7%
    11%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of Cars24

No. In FY24, Cars24 reported a net loss of ₹498.4 Cr, so it was not profitable.

Cars24's revenue grew 25.0% year-on-year, from ₹5,584.6 Cr in FY23 to ₹6,981.8 Cr in FY24.

Cars24's estimated EBITDA for FY24 was ₹-181.0 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY24, Cars24 posted revenue of ₹6,981.8 Cr (up 25.0% YoY) and a net loss of ₹498.4 Cr. Explore the full financials of Cars24 here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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