CARTRADE2023-07-012023-09-30 CARTRADE2023-07-012023-09-30 CARTRADE2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member CARTRADE2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member CARTRADE2023-09-30 CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue05Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue05Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults05Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member CARTRADE2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults05Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets05Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CARTRADE2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member CARTRADE2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member CARTRADE2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member CARTRADE2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member CARTRADE2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member CARTRADE2023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543333 CARTRADE NOTLISTED Cartrade Tech Limited Equity 2023-04-01 2024-03-31 2023-11-09 2023-11-02 INR Lakhs Half yearly 14:45:00 16:08:00 2023-11-09 2023-11-09 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 3143387000.00 159036000.00 3302423000.00 0.00 1764207000.00 58796000.00 659406000.00 22273000.00 97745000.00 544984000.00 3147411000.00 155012000.00 0.00 155012000.00 99978000.00 -74616000.00 25362000.00 0.00 129650000.00 0.00 0.00 0.00 0.00 129650000.00 3893000.00 133543000.00 109349000.00 20301000.00 112990000.00 20553000.00 468509000.00 10 2.33 2.15 0.00 0.00 2.33 2.15 Notes to the Unaudited Consolidated Financial Results 1.ThestatementofunauditedconsolidatedfinancialresultsforthequarterandhalfyearendedSeptember30,2023hasbeenreviewedbytheAuditCommitteeandapprovedbytheBoardofDirectorsattheirrespectivemeetingsheldonNovember9,2023.TheStatutoryAuditorshaveconductedreviewoftheseresultspursuanttotherequirementsofRegulation33oftheSecuritiesandExchangeBoardofIndia(ListingObligationsandDisclosureRequirements)Regulations,2015, as amended. There are no qualifications in the report issued by the auditors. 2.TheUnauditedConsolidatedFinancialResultsoftheGrouphavebeenpreparedinaccordancewiththeIndianAccountingStandardsnotifiedunderSection133oftheCompaniesAct,2013,asamended,readwithCompanies(IndianAccountingStandards)amendmentrules,2022(“IndAS”)andintermsofRegulation33of the Listing Requirements. 3.The Nomination & Remuneration Committee of the Company vide resolution dated September 05, 2023 has granted 1,36,000 Employee Stock Option (ESOP) to eligible employees under the existing schemes. The exercise price is the market price as on the date of grant, as mentioned in the grant letter, which is the average of the opening price and closing price of the equity shares of the Company on the date of grant on a recognised stock exchange. 4.OnAugust11,2023,PursuanttoRegulation30readwithParaAofPartAofScheduleIIIoftheSecuritiesandExchangeBoardofIndia(ListingObligationsand DisclosureRequirements Regulations,2015,andincontinuationtotheintimationletterdatedJuly10,2023,CarTradeTechLimited(the“Company”)has completedtheacquisitionof100%stakeofSobekAutoIndiaPrivateLimited(“Sobek”)fromitsholdingcompanyOLXIndiaB.V.foraconsiderationofRs. 53,285.01lakhs.Aspartofthedeal,theCompanyhasacquired100%ofSobekwhichisengagedinthebusinessofautomotivedigitalplatformandclassifieds internetbusiness.GoodwillofRs.42,229.41lakhswasrecordedonconsolidationofSobek.TheperiodconsideredforconsolidationoffinancialresultsisAugust 12, 2023 to September 30,2023. 5.SubsequenttoperiodendedSeptember30,2023,onOctober25,2023,theBoardofDirectorsofSobek,awhollyownedsubsidiaryofCarTradeTechLimitedadeastrategicdecisiontocloseitsC2Boperationsi.e.autotransactionbusinesssegment(“C2BSegment”)consideringthechallengesrelatingtofacedwithits uniteconomics.Sobek,therefore,decidedtoreducehumanresourcesandotheradministrativecostsofthesaidbusinessandexplorepartnershipswithotherplayersforassetsofC2BSegmentforthesame.SobekwillcontinuetofocusandgrowitsClassifiedbusiness(Olx.in-whichincludesbothautoandnon-auto verticals).TheConsolidatedstatementofprofitandlossincludesRs.19,494lakhsofrevenuefromoperationsandlossofR.1,290lakhsfortheperiodrelatingto C2B Segment. Basismanagementevaluation,giventherecurringandfutureestimatedlossesandindependentvaluationreportobtainedatthetimeofacquisition,noseparate relative value was attributable to the C2B Segment. Accordingly, there is no impairment required for goodwill on consolidation of Sobek as on balance sheet date. 6.TheGroup,aftertheacquisitiondiscussedinnote4above,hasperformedaninternalreorganisationoftheiroperatingsegments.Accordingly,SegmentalinformationhasbeendisclosedwithrespecttothecomparativeperiodsinaccordancewithIndAS108–OperatingSegments.TheChiefExecutiveOfficer(or ChiefOperatingDecisionMaker“CODM”)oftheGroupexaminestheGroup'sperformanceandhasidentified‘Consumer’,‘Remarketing’,‘Classifieds’and‘C2B Used Car Sale’ as reportable segments of its business. No operating segment has been aggregated to form these reportable operating segments. Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 4004084000.00 367473000.00 4371557000.00 0.00 1764207000.00 58796000.00 1175073000.00 44010000.00 181480000.00 835305000.00 4058871000.00 312686000.00 0.00 312686000.00 106369000.00 -58482000.00 47887000.00 0.00 264799000.00 0.00 0.00 0.00 0.00 264799000.00 -2833000.00 261966000.00 239335000.00 25464000.00 237134000.00 24832000.00 468509000.00 10 5.11 4.69 0.00 0.00 5.11 4.69 Other Expenses 544984000.00 Other Expenses 835305000.00 815930000.00 637982000.00 13199692000.00 926552000.00 71359000.00 0.00 427719000.00 499078000.00 632676000.00 106363000.00 16002343000.00 121140000.00 4420107000.00 621334000.00 525500000.00 805715000.00 360238000.00 1346504000.00 8079398000.00 726408000.00 8926946000.00 24929289000.00 468509000.00 20235117000.00 20703626000.00 21519556000.00 0.00 767689000.00 767689000.00 121365000.00 23642000.00 3915000.00 916611000.00 0.00 371477000.00 1493068000.00 1864545000.00 514972000.00 113605000.00 2493122000.00 3409733000.00 24929289000.00 C2B Used Car Sale 1943275000.00 Classifieds 229440000.00 Consumer 452778000.00 Less: Intersegment eliminations 0.00 Remarketing 519115000.00 C2B Used Car Sale 1943275000.00 Classifieds 229440000.00 Consumer 881269000.00 Less: Intersegment eliminations 0.00 Remarketing 952349000.00 3144608000.00 4006333000.00 1221000.00 2249000.00 3143387000.00 4004084000.00 C2B Used Car Sale -125035000.00 Classifieds 108768000.00 Consumer 63043000.00 Less: Intersegment eliminations -570000.00 Remarketing 113850000.00 C2B Used Car Sale -125035000.00 Classifieds 108768000.00 Consumer 96288000.00 Less: Intersegment eliminations -1176000.00 Remarketing 182316000.00 160056000.00 261161000.00 22273000.00 44010000.00 -17229000.00 -95535000.00 155012000.00 312686000.00 C2B Used Car Sale 5173383000.00 Classifieds 0.00 Consumer 9553790000.00 Less: Intersegment eliminations 0.00 Remarketing 3253275000.00 17980448000.00 6948841000.00 24929289000.00 C2B Used Car Sale 1174957000.00 Classifieds 0.00 Consumer 369611000.00 Less: Intersegment eliminations 0.00 Remarketing 2681045000.00 4225613000.00 50000.00 4225663000.00 0.00 58796000.00 -68528000.00 0.00 0.00 78328000.00 -38920000.00 0.00 0.00 -104642000.00 0.00 0.00 67086000.00 181480000.00 0.00 -49297000.00 0.00 0.00 -56518000.00 0.00 0.00 0.00 90458000.00 -284930000.00 0.00 0.00 0.00 39678000.00 0.00 -87009000.00 225677000.00 0.00 0.00 -65012000.00 90597000.00 0.00 70068000.00 0.00 4006272000.00 0.00 963206000.00 0.00 0.00 0.00 0.00 0.00 41293000.00 122000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 449498000.00 121798000.00 0.00 0.00 0.00 22556000.00 0.00 5646099000.00 0.00 330306000.00 0.00 0.00 0.00 0.00 0.00 0.00 813000.00 0.00 0.00 0.00 0.00 136820000.00 0.00 0.00 0.00 0.00 -136007000.00 264367000.00 0.00 264367000.00 261132000.00 525499000.00 3893000.00 -2833000.00 0.00 0.00 0.00 0.00