Landmark Cars Limited has informed the Exchange regarding Appointment of M/s. Ernst & Young LLP as an Internal Auditors of the Company to conduct the Internal audit of the Company for the financial year 2026-27.
LANDMARK · price
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Landmark Cars reported audited consolidated results for FY2026 with profit after tax of Rs. 380.82 million, up 119.6% from Rs. 173.37 million in FY2025. Total consolidated income was Rs. 19,093.52 million. Statutory auditors MSKC & Associates gave unmodified opinions on both standalone and consolidated results. The Board recommended a final dividend of Rs. 1.50 per share (30% on Rs. 5 face value). They approved a scheme to amalgamate wholly-owned subsidiary Landmark Cars (East) Private Limited with the parent company. Ernst & Young LLP has been appointed as internal auditor for FY2026-27. The company also granted 37,000 stock options to employees under the ESOP plan 2023. A promoter group member applied for reclassification to public category.
Strong profitability growth with PAT more than doubling year-on-year. Clean audit with unmodified opinions signals financial health. The amalgamation will simplify the group structure, while the EY appointment enhances internal audit quality. Dividend declaration provides shareholder returns.