Landmark Cars Limited has submitted to exchange the extract of Standalone and Consolidated Audited Financial Result of the Company for the quarter and year ended March 31, 2026, published in Financial Express in English and Gujarati edition on May 27, 2026.
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Landmark Cars Limited published its audited consolidated and standalone financial results for Q4 and FY ended March 2026 in newspapers on May 27, 2026. Consolidated total income grew 22% year-on-year to ₹49,143.83 million in FY26 from ₹40,387.71 million, while Q4 consolidated income was ₹12,816.12 million. Consolidated net profit after tax surged dramatically to ₹150.34 million in Q4 FY26 versus just ₹17.53 million in Q4 FY25, and full-year net profit rose to ₹380.82 million from ₹173.37 million — roughly doubling. EPS for the year stood at ₹9.01 per share (face value ₹5), up from ₹3.85. The company also disclosed that its Mercedes-Benz dealership agreement with its subsidiary LCEPL was materially changed to an agency model, converting new car sales to direct-to-customer arrangements by MBIL, with the group now earning commission income instead of recording full sales value.
The sharp jump in net profit — both quarterly and annually — is a strong positive signal for shareholders. The Mercedes-Benz transition to an agency model could reduce reported revenue but may improve margins, and investors should monitor the full financial statement for details on this structural change.