Landmark Cars Limited has submitted exchange the extract of Standalone and Consolidated Unaudited Financial Result of the Company for the quarter and nine months ended December 31, 2025, published in Financial Express in English and Gujarati edition on February 11, 2026.
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Awaiting price reaction for this filing.
Landmark Cars Limited has submitted copies of the newspaper publication of its standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025, which appeared in the Financial Express (English and Gujarati editions) on February 11, 2026. On a consolidated basis, total income from operations rose to Rs 13,500.69 million in Q3 FY26 from Rs 11,980.73 million in Q3 FY25, while profit after tax grew to Rs 141.80 million from Rs 118.08 million. For the nine-month period, consolidated PAT jumped to Rs 230.48 million from Rs 155.84 million, and EPS rose to Rs 5.38 from Rs 3.51. Standalone numbers, however, showed weaker performance, with 9M FY26 PAT declining to Rs 285.63 million from Rs 349.41 million. The company also disclosed a major shift: its Mercedes-Benz India dealership has been converted to an agency model where cars are now sold directly by MBIL and Landmark earns only commission, explaining the standalone revenue drop.
The stock is unlikely to react strongly as this is just a newspaper publication of already-filed Q3 results. However, investors should note the agency-model transition with Mercedes-Benz, which is reshaping the revenue mix (lower top line, commission-based income) and explains the divergence between consolidated growth and standalone decline.