Cars24 Trims FY26 Net Loss By 19% YoY To ₹441 Cr, Revenue Slides 18%

Used car marketplace Cars24 managed to trim its net loss for the fiscal year FY26 by 18.7% to ₹441.1 Cr from ₹542.7 Cr in the previous fiscal. The improvement in the bottom line came despite a dip in the IPO-bound startup’s top line. Cars24’s operating revenue declined 18.3% to ₹5,091.7 Cr in the fiscal under review from ₹6,233.2 Cr in FY25.