Cartrade Tech Shows Strong Sales Growth Amid Rising Interest Costs and Income Concerns

Cartrade Tech, a midcap player in the IT software industry, has recently undergone a financial trend adjustment reflecting its performance metrics. The company reported a positive financial performance for the quarter ending March 2025, with net sales reaching Rs 345.73 crore, marking a growth of 21.79% over the last six months. Additionally, the profit after tax (PAT) stood at Rs 84.51 crore, indicating a solid financial position.
However, not all aspects of the company's financial health are favorable. Interest expenses for the past nine months have risen to Rs 8.99 crore, growing at 21.49%. Furthermore, non-operating income accounted for 37.41% of profit before tax, which may raise concerns about the sustainability of earnings.

In terms of market performance, Cartrade Tech has shown resilience, particularly over the past year, with a stock return of 97.08%, significantly outperforming the Sensex, which returned 9.84% in the same period. The company's ability to maintain a strong return over three years, at 158.81%, further highlights its competitive position in the market. Overall, while Cartrade Tech has demonstrated robust sales growth and profitability, it faces challenges related to rising interest costs and reliance on non-operating income.