Cars24 Narrows FY26 Net Loss by 18.7 Percent

Inc42 reported that Cars24 cut its net loss 18.7 percent year over year to ₹441.1 Cr in FY26. Operating revenue fell 18.3 percent to ₹5,091.7 Cr and total expenses dropped 17.8 percent to ₹5,673.6 Cr. The article notes the company is preparing for an IPO. The same details appear in the linked Inc42 piece, which states the prior year net loss was ₹542.7 Cr.