Landmark Cars reported a consolidated net profit of ₹14.5 crore for the quarter ended June 2026, nearly doubling from ₹7.3 crore in the same period last year. The company’s revenue rose 22.47% to ₹1,733 crore, driven in part by Mercedes-Benz, which contributed 38% to the revenue, according to livemint.com.
The strong quarterly results were announced post-market hours on August 11, 2026. Landmark Cars, a leading premium automotive retail business in India, saw its stock recover with gains of 15.4% in June and 10.2% in July. The company’s performance reflects growth in premium automotive retail and increased demand for luxury vehicles in the Indian market, as detailed by livemint.com.
This financial performance underscores the expanding premium automotive retail sector in India, where consolidation among dealership groups is expected. Landmark Cars’ results highlight the growing contribution of luxury brands like Mercedes-Benz to revenue streams. The company’s nearly doubled net profit and revenue growth compare favorably with other players in the Indian automotive retail space, signaling robust market demand.
Landmark Cars anticipates further consolidation in the Indian automotive dealership sector, with some groups potentially listing on stock exchanges. The company’s stock performance in recent months and strong Q1 results position it well for continued growth, according to livemint.com.