Landmark Cars Q1FY27 Results: Revenue up 22.4% to ₹17,325 Mn, PAT surges 97.5% to ₹145 Mn
Landmark Cars reported Q1FY27 proforma revenue of ₹17,325 million, up 22.4% YoY. PAT surged 97.5% to ₹145 million. The company highlighted its strongest Q1 performance with record turnover and EBITDA. It also announced a new revenue stream via a partnership with EV charging network ChargeZone®.
The results show substantial financial growth, and the introduction of a new revenue stream through a partnership with ChargeZone has the potential to significantly impact the company's future earnings and market position in the EV segment.
The company reported strong year-on-year growth in revenue and a significant increase in profit, indicating positive financial performance. The announcement also highlights strategic initiatives like the ChargeZone partnership and network expansion, suggesting future growth potential.
Landmark Cars Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant increase in its top and bottom lines, with proforma revenue from operations reaching ₹17,325 million (approximately ₹1732.5 crore), a 22.4% rise year-on-year.
Profit After Tax (PAT) saw a substantial surge of 97.5%, reaching ₹145 million (approximately ₹14.5 crore) for the quarter. Adjusted Profit After Tax, before the net Ind AS effect, also showed strong growth, increasing by 100.1% to ₹161 million (approximately ₹16.1 crore).
The company highlighted that it delivered its strongest ever first-quarter performance, with the highest ever turnover and EBITDA. While Gross Profit Margin saw a slight dip QoQ and YoY due to a changed sales and service revenue mix and accounting adjustments, the company maintained its EBITDA margins by focusing on cost reduction.
Landmark Cars also detailed its performance across various verticals. After-sales business revenue grew to ₹2,670 million, with an EBITDA of ₹492 million. New vehicle sales and allied businesses reported revenues of ₹10,353 million with an EBITDA of ₹235 million.
The company is strategically expanding its network, adding 18% of its total outlets in the last three years and expanding its brand portfolio from 8 to 11 brands. Upcoming model launches in the next few months include the M&M Scorpio N Facelift in August 2026 and the KIA Sorento in September 2026, among others.
Additionally, Landmark Cars announced a new business arrangement with ChargeZone®, India's leading EV Charging Network. This collaboration will provide Landmark's EV customers with wallet credit for EV charging and will generate a recurring revenue stream for Landmark through a percentage share of the charging revenue.
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Landmark Cars Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Landmark Cars Limited. Read the original for the full detail.