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15-Jul-2025     16:21
Landmark Cars reports revenue climbs 22% YoY to Rs 1,415 cr in Q1
During the quarter, revenue from after-sales service and spare parts and others aggregated to Rs 235 crore (up 8.29% YoY) and vehicle sales revenue (including agency sales & pre-owned vehicle sales) amounted to Rs 1,180 crore (up 24.60% YoY).

Landmark Cars expanded its operations in July 2025 by operationalizing two KIA workshops in Hyderabad and commencing Mercedes-Benz operations in Patna. The company expects these developments to impact Q2FY26 results.

Further expansion includes plans to strengthen its partnership with Mahindra & Mahindra through a new sales outlet in Kolkata and small-format KIA outlets in Hyderabad and Kolkata. Operations under the MG Select brand are set to begin in Ahmedabad and Kolkata, with the luxury electric models'Cyberster and M9 EV'expected to be delivered by the end of July 2025.

Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, KIA and MG Motors. The company has its presence across the automotive retail value chain, including sales of new vehicles, after-sales service and repairs, sales of pre-owned passenger vehicles and facilitation of the sales of third-party financial and insurance products.

The company's consolidated net profit declined 86.6% YoY to Rs 1.42 crore despite a 26.3% jump in revenue from operations to Rs 1,091.22 crore in Q4 FY25 over Q4 FY24.

The counter declined 3.14% to Rs 526.95 on the BSE.

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