Landmark Cars Ltd

Landmark Cars has received a letter of intent from JSW MG Motor India (MGI) to open a new MG Experia showroom in Vastral, Ahmedabad, Gujarat. This dealership will be established by Aeromark Cars, a wholly owned subsidiary of Landmark Cars. This will be Landmark's 17th MG Motor Outlet and would entail Sales of MG Cars. This would be the company's 2nd sales outlet for JSW MG Motors in Ahmedabad and the 17th outlet overall. MG Motos is a leading player in the new energy vehicle segment with multiple new launches planned. In the last couple of years, MG has become a meaningful part of Landmark's portfolio, and this addition will help in strengthening Landmark's partnership with JSW MG Motor India.

Revenue from vehicle sales, including agency sales and pre-owned vehicle sales, increased 24.15% YoY to Rs 1,465 crore during the quarter. Revenue from after-sales service, spare parts and other businesses grew 14.04% YoY to Rs 268 crore. The company said deliveries of several key models commenced during the June quarter, including the Mercedes-Benz CLA, MG Majestor and the new Renault Duster. Looking ahead, Landmark Cars expects further momentum from upcoming launches by Mercedes-Benz, BYD, MG, Mahindra & Mahindra, Honda and Kia, which are anticipated to support healthy sales growth in the coming quarters. Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra and MG Motors. The company also caters to the commercial vehicle retail business of Ashok Leyland in India. 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 surged more than tenfold to Rs 15.03 crore in Q4 FY26 compared with Rs 1.42 crore in Q4 FY25. Revenue from operations jumped 17.2% YoY to Rs 1,278.52 crore in Q4 FY26.Powered by Capital Market - Live

Landmark Cars announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Net profit of Landmark Cars rose 958.45% to Rs 15.03 crore in the quarter ended March 2026 as against Rs 1.42 crore during the previous quarter ended March 2025. Sales rose 17.16% to Rs 1278.52 crore in the quarter ended March 2026 as against Rs 1091.22 crore during the previous quarter ended March 2025. For the full year,net profit rose 134.21% to Rs 37.31 crore in the year ended March 2026 as against Rs 15.93 crore during the previous year ended March 2025. Sales rose 21.63% to Rs 4896.23 crore in the year ended March 2026 as against Rs 4025.50 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1278.521091.22 17 4896.234025.50 22 OPM %5.925.01 -5.415.51 - PBDT59.3439.93 49 203.16160.82 26 PBT22.294.35 412 53.9429.88 81 NP15.031.42 958 37.3115.93 134 Powered by Capital Market - Live

Landmark Cars will hold a meeting of the Board of Directors of the Company on 26 May 2026.

Vehicle sales (including agency sales & pre-owned vehicle sales) stood at Rs 1,508 crore in Q4 FY26, registering the growth of 17.72% compared with Rs 1,281 crore posted in Q4 FY25. After-sales service and spare parts and others climbed 15.10% YoY to Rs 282 crore in Q4 FY26, supported by the ramp-up and stabilization of newly opened workshops. The segment delivered its highest-ever quarterly performance. The newly operationalized workshops are performing well and are in line with the company's expectations. Deliveries of several key models commenced in the March quarter, including the Mercedes Benz V Class, Mahindra XUV 7XO, Mahindra XEV 9S and the new-generation Kia Seltos. These launches are expected to drive healthy sales momentum in the coming months. Further, sales of Mercedes Benz CLA, MG Majestor and the new Renault Duster will start in the June quarter. On annual basis, the company's total revenue from operations (including agency sales) climbed 19.32% to Rs 6,713 crore in FY26 compared with Rs 5,626 crore in FY25. Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra and MG Motors. The company also caters to the commercial vehicle retail business of Ashok Leyland in India. 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 jumped 24.93% to Rs 14.18 crore on 12.56% increase in revenue from operations to Rs 1,345.07 crore in Q3 FY26 over Q3 FY25.

Landmark Cars  will cease to operate its Volkswagen Delhi NCR business w.e.f. 31 March 2026. This dealership consisted of one showroom and one workshop. The company has objectively taken this decision to reduce its losses arising from non-performing operations. This move is in line with the company's strategy to rationalize costs, while continuing to focus on improving operational efficiency and profitability. The Company will continue to run Volkswagen operations in the State of Gujarat, which contributes positively to its business. Given that the locations in Delhi NCR have been in existence for multiple years, the assets have already been depreciated. As a result, minimal financial impact is expected in the books.Powered by Capital Market - Live

The new workshop is aimed at catering to the rising demand being witnessed at the company's existing two Mahindra & Mahindra workshops in the city. The facility will be set up through Landmark Mobility, a wholly owned subsidiary of Landmark Cars. With this addition, the total number of Mahindra & Mahindra outlets operated by the company will increase to 8 in Hyderabad and 12 overall. The company said the expansion is in line with its strategy to strengthen its presence across key brands and geographies. It added that such focused expansion helps build a strong network presence and further strengthens its position as a preferred partner for leading automobile manufacturers. Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra and MG Motors. The company also caters to the commercial vehicle retail business of Ashok Leyland in India. 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 reported 28.85% decline in consolidated net profit to Rs 184.81 crore in Q3 FY24 as compared with Rs 258.31 crore in Q3 FY23. Revenue from operations increased 9.49% to Rs 959.24 crore in Q3 FY24 from Rs 876.13 crore in Q3 FY23.Powered by Capital Market - Live

Net profit of Landmark Cars rose 24.82% to Rs 14.18 crore in the quarter ended December 2025 as against Rs 11.36 crore during the previous quarter ended December 2024. Sales rose 12.56% to Rs 1345.08 crore in the quarter ended December 2025 as against Rs 1195.03 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1345.081195.03 13 OPM %5.495.56 - PBDT59.1350.04 18 PBT21.1716.01 32 NP14.1811.36 25 Powered by Capital Market - Live

Landmark Cars will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live