Landmark Cars Limited has informed the Exchange regarding 'Business Update under Regulation 30 of SEBI (LODR) Regulations, 2015''.
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Awaiting price reaction for this filing.
Landmark Cars, a multi-brand auto dealership, reported Q1FY26 consolidated revenue of Rs. 1,415 crore, up 21.56% from Rs. 1,164 crore in Q1FY25. Vehicle sales (including agency and pre-owned) grew 24.6% to Rs. 1,180 crore, while after-sales service revenue rose 8.3% to Rs. 235 crore. In July 2025, the company launched two new KIA workshops in Hyderabad and began Mercedes-Benz operations in Patna, with impact to show in Q2FY26. The company is expanding its partnership with Mahindra & Mahindra with a new sales outlet in Kolkata, and is set to start MG Select (a new-age luxury brand with Cyberster and M9 EV models) operations in Ahmedabad and Kolkata by end of July. Numbers are provisional and subject to limited review by statutory auditors.
Strong double-digit revenue growth and active network expansion across premium and mass-market brands signal healthy business momentum, which is generally positive for the stock. However, investors should note that after-sales growth has slowed to single digits and the figures are unaudited.