NSEUpdates2d ago · 14 Oct 2026, 01:51 pm
Updates
Landmark Cars Limited · LANDMARK
✦ AI Summary▲ PositiveResults
Landmark Cars Limited has reported its Q2 FY 2026-27 business update, with consolidated total revenue from operations increasing 17.26% QoQ and 19.59% YoY to Rs. 1,943 Cr and Rs. 3,675 Cr respectively. The company has also entered a strategic partnership with OLX India to develop an integrated phygital pre-owned car platform.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
Landmark Cars Limited has informed the Exchange regarding 'Business Update for Q2 FY 2026-27 under Regulation 30 of SEBI (LODR) Regulations, 2015'.
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LANDMARK_14102026135115_LCL_Business_Update_2027_Q2FD.pdf
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Date: October 14, 2026
To, To,
BSE Limited, National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex,
Mumbai- 400001 Bandra (E), Mumbai- 400001
Scrip Code: 543714 Symbol: LANDMARK
Sub.: Intimation under Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Dear Sir/Madam,
In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code
of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of
Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, the following is our business
update for the quarter and half year ended September 30, 2026 (“the period”):
1. The consolidated total revenue from operations for the period are as below:
Particulars Q2FY27 Q2FY26 Q1FY27 QoQ H1FY27 H1FY26 YoY
(Rs. in Cr) (Proforma) (Proforma) (Proforma) (Proforma) (Proforma)
Total Revenue from
Operations (Including 1,943 1,657 17.26% 1,732 12.18% 3,675 3,073 19.59%
Agency Sales)
Vehicle sales
(including Agency
1,662 1,403 18.46% 1,465 13.45% 3,127 2,584 21.01%
Sales & Pre-Owned
Vehicle Sales) *
After-sales service
and spare parts and 281 254 10.63% 267 5.24% 548 489 12.07%
others
* The proforma revenue from operations above includes revenue from the sale of cars through the Mercedes-Benz agency
model. Under the agency agreement, customers now place orders directly with MBIL, on which LCL and LCEPL earn
commission on each sale of Mercedes-Benz cars.
2. The Company recorded its highest-ever quarterly and half-yearly Total Revenue from Operations on a
proforma basis, supported by outlet ramp-up and stabilization. While H1 is seasonally weaker than
H2, business activity typically gains momentum during the festive period, which starts in October
this year versus September last year.
3. Partner OEMs continue to drive new launches across the premium, luxury, and EV segments. Recent
launches, including the Kia Sorento, MG Hector Tomahawk, and BYD Sealion 7 Dynamic, are
expected to commence full-scale deliveries from October. Looking ahead, the next quarter will
feature key launches such as the India-made Mercedes-Benz GLC EV and BYD’s luxury brand,
Landmark Cars Limited
CIN: L50100GJ2006PLC058553 | GSTIN: 24AABCL1862B1Z2
Registered Office: Landmark House, Opp. AEC, Near Gurudwara, S. G. Highway, Thaltej, Ahmedabad – 380059
Tel.: +91-7966185555 | Email: info@landmarkcars.in | Website: www.grouplandmark.in
Denza. We also expect improved availability of the Mercedes-Benz CLA EV, following strong
customer demand and initial supply constraints.
4. During the quarter, the Company entered a strategic partnership with OLX India, part of CarTrade
Tech, to develop an integrated phygital pre-owned car platform, combining OLX India's digital reach
with Landmark's physical retail network to offer customers an integrated car buying and selling
experience.
5. Significant flooding in Gujarat during Q2FY27 affected business operations, impacting new vehicle
sales and after-sales activities in the affected regions.
6. The Company remains optimistic about the festive season and expects to enter H2 on a strong
footing, supported by a healthy pipeline of customer enquiries and bookings during the ongoing
festive season while remaining mindful of interest rate hikes and evolving macroeconomic
conditions.
The above information is provisional on a consolidated basis and is subject to a limited review by
the Statutory Auditors of the Company.
This is for your information and for public at large.
Thanking you,
Yours faithfully,
For Landmark Cars Limited
Amol Arvind Raje
Company Secretary & Compliance Officer
Mem. No.: A19459
Landmark Cars Limited
CIN: L50100GJ2006PLC058553 | GSTIN: 24AABCL1862B1Z2
Registered Office: Landmark House, Opp. AEC, Near Gurudwara, S. G. Highway, Thaltej, Ahmedabad – 380059
Tel.: +91-7966185555 | Email: info@landmarkcars.in | Website: www.grouplandmark.in