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 ....
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Landmark Cars Limited reported consolidated total income of ₹12,816.12 million for Q4 FY26 and ₹49,143.83 million for the full year FY26, up from ₹10,973.49 million and ₹40,387.71 million respectively in the prior year. Net profit after tax for FY26 stood at ₹380.82 million, more than doubling from ₹173.37 million in FY25. Basic and diluted EPS for FY26 was ₹9.01 per share (face value ₹5). Standalone Q4 FY26 income was ₹2,388.47 million with PAT of ₹131.50 million. A key business note discloses that the Mercedes-Benz India dealership agreement for the parent and its subsidiary LCEPL has converted to an agency model — MBIL now sells directly to customers and the group earns commission income on each car sold.
Strong topline and profitability growth in FY26, with PAT more than doubling year-on-year. However, the transition of Mercedes-Benz operations to an agency model is a significant structural change that alters the group's revenue recognition and may impact margins going forward.