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 ....
LANDMARK · price
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Landmark Cars Limited reported strong consolidated performance for FY 2025-26 with revenue from operations growing 16.7% to ₹18,962.29 million from ₹16,253.98 million. Consolidated profit after tax more than doubled to ₹380.62 million from ₹173.37 million, while standalone PAT declined marginally to ₹412.13 million from ₹426.46 million. The Board approved audited financial results with unmodified opinions from statutory auditors MSKC & Associates. Key decisions include recommending a final dividend of ₹1.50 per share (30%), approving a scheme of amalgamation of wholly-owned subsidiary Landmark Cars (East) Private Limited, appointing Ernst & Young LLP as internal auditor for FY 2026-27, and granting 37,000 stock options to employees under ESOP 2023. A promoter group reclassification request from Ms. Spruha Mehta was also approved.
The near-doubling of consolidated PAT signals strong operational performance and cost management. The dividend recommendation and ESOP grants indicate confidence in future prospects. The change in internal auditor and subsidiary amalgamation reflect ongoing governance and structural improvements.