Automobile Classifieds

CarTrade shrinks losses by 90% to Rs 13 Cr in FY17

CarTrade and Carwale parent entity MXC Solutions India has significantly improved its financials in FY17. The Mumbai-based company has registered a growth of 21.73 per cent in revenue to Rs 52.52 crore in the aforementioned fiscal, while squeezed its losses by a whopping 90 per cent to Rs 13.1 crore