Cars24 expects to be eligible to file its DRHP for an Indian IPO by April, completing its reverse flip from Singapore, says CFO Shivanshu Makkar.
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Cars24’s FY26 revenue fell 18.3% to Rs 5,092 Cr as its core used-car business declined 22.7%. Net loss narrowed to Rs 441 Cr, but restoring growth remains the key challenge.
