Landmark Cars' Q2 FY 2025-26 Quarterly Results

Result Summary

• Landmark Cars Ltd reported a 14.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 33.6%.
• Its expenses for the quarter were up by 15.0% QoQ and 34.1% YoY.
• The net profit decreased 79.5% QoQ and increased 344.1% YoY.
• The earnings per share (EPS) of Landmark Cars Ltd stood at 0.29 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Landmark Cars Ltd is a company involved in the automotive industry. It primarily focuses on the sale of new and pre-owned cars, along with offering repair and maintenance services. The company may also provide financing services as part of their comprehensive automotive solutions. As of the last update, specific recent major developments in the company are not available. Landmark Cars Ltd operates within a competitive landscape, catering to a diverse clientele who seek reliable automotive products and services.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Landmark Cars Ltd reported a total income of ₹1,215.82 crores. This represents a 14.0% increase from the previous quarter (Q1FY26), where the total income was ₹1,066.88 crores. Compared to the same quarter in the previous fiscal year (Q2FY25), the total income increased by 33.6% from ₹910.07 crores. This demonstrates a substantial year-over-year growth, as the company continues to enhance its revenue base. Such growth may reflect various factors, including potential increases in sales volume, pricing strategies, or market expansion initiatives.

Profitability

For Q2FY26, Landmark Cars Ltd recorded a profit before tax of ₹0.61 crores, which is a significant decrease of 93.8% compared to the ₹9.89 crores reported in Q1FY26. However, when comparing year-over-year figures, the profit before tax increased by 27.1% from ₹0.48 crores in Q2FY25. The company faced a tax credit of ₹0.90 crores in Q2FY26, contrasting with a tax expense of ₹2.52 crores in Q1FY26 and ₹0.15 crores in Q2FY25. After accounting for taxes, the profit after tax stood at ₹1.51 crores, marking a 79.5% decrease from the previous quarter's ₹7.37 crores but a significant 344.1% increase from the ₹0.34 crores reported a year ago. The earnings per share for Q2FY26 was ₹0.29, a decrease from ₹1.67 in Q1FY26 but an improvement from the negative ₹0.01 in Q2FY25.

Operating Metrics

The total expenses for Q2FY26 were ₹1,215.21 crores, reflecting a 15.0% increase from the ₹1,056.99 crores in Q1FY26 and a 34.1% increase from ₹905.88 crores in Q2FY25. Such an increase in expenses could be attributed to several operational factors, including cost of goods sold, administrative expenses, or expansion efforts. Despite the increase in expenses, the company managed to maintain a positive profit after tax. The operating metrics indicate that while the company has grown its revenue significantly, its expenses have also increased at a similar pace, impacting the overall profitability for the quarter.