Landmark Cars Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
LANDMARK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Landmark Cars Limited reported FY 2025-26 consolidated revenue of Rs. 18,962 million, up 21.7% from Rs. 15,594 million in FY 2024-25. Consolidated profit after tax more than doubled to Rs. 380.62 million from Rs. 173.37 million. The Board recommended a final dividend of Rs. 1.50 per equity share (30% on Rs. 5 face value), subject to shareholder approval at the AGM. Notably, this dividend appears lower than the previous year's payout. The Board also approved a scheme to amalgamate wholly-owned subsidiary Landmark Cars (East) Private Limited into the parent company, granted 37,000 stock options to employees, and approved reclassification of a promoter group member's status.
The doubling of profits is positive, but the reduced dividend from last year's Rs. 3 per share to Rs. 1.50 may disappoint income-focused investors. The amalgamation of the subsidiary simplifies the group structure.