Landmark Cars has reported its highest-ever first-quarter revenue in Q1 FY27, with total revenue from operations climbing 22.47% year-on-year to ₹1,733 crore. The strong performance was backed by solid growth in both vehicle sales and after-sales segments, driven by new model launches and improved supplies. The company delivered a record sales performance for the first quarter, supported by the ramp-up of newly opened workshops and stabilization of operations.

Revenue Performance at a Glance

The company's Q1 FY27 financial results reflect robust growth across its key revenue segments. The following table summarises the year-on-year comparison:

Vehicle Sales Drive Top-Line Growth

Vehicle sales remained the primary engine of revenue growth, rising 24.15% year-on-year to ₹1,465 crore during Q1 FY27. This segment includes revenue from the sale of cars through the Mercedes-Benz agency model, where customers place orders directly with MBIL and the company earns a commission on each sale. Deliveries of several key models commenced in the June quarter, including the Mercedes-Benz CLA, MG Majestor, and the new Renault Duster.

After-Sales Services Register Steady Expansion

The after-sales segment, which includes servicing, spare parts, and related offerings, recorded a 14.04% year-on-year increase in revenue to ₹268 crore in Q1 FY27. Supported by the ramp-up and stabilization of newly opened workshops, the after-sales business delivered solid performance in line with company expectations. The company is expanding its workshop capacity in several brands to address increasing demand in select geographies.

New Model Launches and Supply Updates

Looking ahead, new models are expected to be launched from Mercedes-Benz, BYD, MG, M&M, Honda, and KIA in the upcoming quarters, which are expected to drive healthy sales momentum. Additionally, the supply of BYD cars improved in the June quarter, with further improvement expected in the current quarter.

Landmark Cars Limited will host a meeting for analysts and institutional investors on June 25, 2026, in Mumbai. The company officials will engage with participants through 1x1 or group meetings starting at 10:00 am onwards. The discussions will be based on publicly available information, and no unpublished price sensitive information (UPSI) is intended to be shared during the interactions.

The meeting is scheduled to take place in Mumbai, though the company noted that changes may occur due to exigencies on the part of the host or the company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Amol Arvind Raje, Company Secretary & Compliance Officer of Landmark Cars Limited, signed the disclosure on June 22, 2026. The company's registered office is located at Landmark House, Opp. AEC, Near Gurudwara, S. G. Highway, Thaltej, Ahmedabad.