HighPositive
Announced Wed, 15 Jul · 11:00 IST

Landmark Cars shares rally upto 13% post Q1 business update, revenue jumps over 22%

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AI summary

Landmark Cars reported its highest-ever first-quarter revenue at Rs 1,733 crore for Q1 FY27, up 22.47% year-on-year from Rs 1,415 crore. Vehicle sales revenue rose 24.15% to Rs 1,465 crore while after-sales services grew 14.04% to Rs 268 crore. The company attributed the strong performance to deliveries of new models including Mercedes-Benz CLA, MG Majestor, and Renault Duster, with shares rallying up to 13%.