Landmark Cars Q4 profit jumps over 10-fold on strong vehicle sales and aftersales growth

Landmark Cars reported a sharp rise in fourth-quarter earnings, with net profit surging to ₹15 crore from ₹1.4 crore a year earlier, driven by healthy vehicle demand, stronger aftersales performance and improved operating efficiencies.

Revenue for the quarter rose 17.2% year-on-year to ₹1,278.5 crore, while EBITDA climbed 38.7% to ₹75.6 crore. EBITDA margin expanded to 5.9% from 5% in the year-ago period.

The company said growth during the quarter was supported by strong industry demand, benefits from GST rationalisation, new model launches and improved affordability due to lower financing costs.

Landmark Cars added that its aftersales business delivered its strongest-ever quarterly performance, aided by better utilisation and stabilisation of recently opened workshops.

Employee and operating costs remained below the targeted 4% of proforma revenue, helping EBITDA growth outpace revenue growth through operating leverage and cost optimisation.

For FY26, the company crossed ₹10,000 million in aftersales revenue and reported its highest-ever annual EBITDA. Operating cash flow for the year stood at ₹2,675 million.

The board recommended a final dividend of ₹1.50 per equity share for FY26, subject to shareholder approval.

It also approved the amalgamation of wholly owned subsidiary Landmark Cars (East) Private Limited with Landmark Cars Limited under the Companies Act.

Shares of Landmark Cars closed at ₹382.90 on the NSE on Tuesday, down 0.30% ahead of the announcement of its March quarter results.

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