Shares of Landmark Cars Ltd surged 7.07% to ₹622.75 in Monday’s early session, after the company reported a strong 30.52% year-on-year growth in consolidated total revenue from operations at ₹1,655 crore for the quarter ended September 30, 2025, compared with ₹1,268 crore in the same quarter last year.
The company’s vehicle sales (including agency and pre-owned) rose 35.03% YoY to ₹1,403 crore from ₹1,039 crore, driven by robust festive demand, dealership network expansion, and higher footfall across new outlets.
After-sales revenue, comprising service, spare parts, and other operations, also registered a healthy 10.04% growth to ₹252 crore — its highest-ever quarterly after-sales figure.
Landmark Cars credited its fastest-ever quarterly growth since listing to newly added outlets and strong Navratri season demand. The company noted that despite a temporary slowdown in purchases ahead of the GST rate cut (effective September 22, 2025), sales picked up sharply post-revision. It expects the GST reduction on internal combustion engine (ICE) cars to support sustained demand revival going forward.
During the quarter, the company operationalised two Kia workshops in Hyderabad and commenced Mercedes-Benz operations in Patna, both of which have begun contributing positively. In October, Landmark also launched its MG Select outlet in Kolkata, which has received strong initial traction.
Looking ahead, the company plans to expand partnerships with Mahindra & Mahindra through a new sales outlet in Hyderabad, while also setting up compact Kia sales outlets in Hyderabad and Kolkata, scheduled to open in November.
At the time of reporting, the stock was trading at ₹622.75 — up ₹41.10 from Friday’s close of ₹581.65 — marking a strong rebound in investor sentiment post the Q2 business update.
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