Growing demand for used cars boosts Cars24 sales in Telangana
pre-market1 source ↓written by the desknot a recommendation
- on Cars24 came
- 10% of transactions
- 18% YoY
Cars24 is expanding in Telangana, fueled by rising demand for organized, digital-first car buying. In H1 FY26, 10% of transactions on Cars24 came from Telangana, with Hyderabad leading. The company reported Adjusted Net Revenue of ₹651 cr, up 18% YoY, and Adjusted EBITDA losses reduced by 36% to ₹162 cr, indicating improved unit economics.
Not investment advice. For informational purposes only.