# Cars24 Hits Profitability: The AI Revolution

URL: https://technosports.co.in/cars24-hits-profitability-the-ai-revolution/  
Published: 2026-06-16  
Updated: 2026-06-16  
Author: Reetam Bodhak

Cars24 has officially cracked the code, securing its first profitable quarter with a ₹20 crore EBITDA. By shifting from a simple marketplace to an AI-native ecosystem, the company boosted revenue per employee by 50%.

- Retail GMV soared 35%.
- Lending exploded by 57%.
- Ownership services jumped 11x.

With UAE and Australia operations now profitable, the future of auto retail is undeniably automated.