Landmark Cars Limited reported a consolidated revenue from operations of Rs 1,655 crore for Q2 FY26, marking a 30.52% year-on-year (YoY) growth and a 16.96% quarter-on-quarter (QoQ) rise, according to the company’s latest business update filed with the exchanges.
Vehicle sales, including pre-owned and agency model sales, surged 35% YoY to Rs 1,403 crore, while after-sales services, spare parts, and others brought in Rs 252 crore, up 10% YoY, making it the company’s highest-ever quarterly after-sales revenue.
The growth was driven by new outlet additions and robust demand during the Navratra period, despite temporary delays in purchases following the government’s mid-August GST rate reduction on ICE cars, which came into effect from September 22, 2025.
In July 2025, Landmark operationalised two KIA workshops in Hyderabad and began Mercedes-Benz operations in Patna. Additionally, in October 2025, it launched an MG Select outlet in Kolkata, which has received a strong response. The company is also expanding partnerships with Mahindra and Mahindra, planning new outlets in Hyderabad and Kolkata to be operational by November.
The company noted that the Q2 performance marks its fastest quarterly growth since listing, supported by sustained expansion and positive brand traction.
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