News Earnings Landmark Cars announces Q3FY26 results with 12.6% revenue growth and 20.1% profit surgeLandmark Cars announces Q3FY26 results with 12.6% revenue growth and 20.1% profit surge
Landmark Cars Limited announced strong Q3FY26 financial results with consolidated revenue growing 12.6% to ₹13,450.76 million and net profit increasing 20.1% to ₹141.80 million. The company completed several strategic initiatives including acquiring remaining 17% stake in Landmark Cars (East) Private Limited and incorporating Landmark Luxury Retail Private Limited, while scheduling an earnings call for February 11, 2026.
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Landmark Cars Limited has announced its Q3FY26 unaudited financial results, demonstrating strong operational performance with significant growth across key metrics. The Board of Directors approved the consolidated and standalone financial results at their meeting held on February 10, 2026, which commenced at 11:00 AM and concluded at 4:00 PM.
Q3FY26 Financial Performance
The company delivered robust financial results for the quarter ended December 31, 2025, showcasing improved operational efficiency and market positioning:
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue: | ₹13,450.76 million | ₹11,950.27 million | +12.6% |
| Consolidated Net Profit: | ₹141.80 million | ₹118.08 million | +20.1% |
| Standalone Revenue: | ₹2,097.25 million | ₹2,033.73 million | +3.1% |
| Standalone Net Profit: | ₹124.03 million | ₹124.56 million | -0.4% |
| Consolidated EPS: | ₹3.42 | ₹2.75 | +24.4% |
Nine Months Performance
For the nine months ended December 31, 2025, the company maintained strong momentum with consolidated revenue reaching ₹36,177.13 million compared to ₹29,342.75 million in the corresponding period last year, representing a growth of 23.3%. Consolidated net profit for the nine-month period stood at ₹230.48 million versus ₹155.84 million in the previous year, marking a significant increase of 47.9%.
Business Model Transformation
The company continues to benefit from its agency model arrangement with Mercedes-Benz India Private Limited. Under this model, customers place orders directly with Mercedes-Benz through Landmark Cars, earning commission income on each sale. The value of cars sold on behalf of Mercedes-Benz during Q3FY26 reached ₹5,374.85 million compared to ₹5,035.40 million in Q3FY25.
Corporate Developments
Several strategic initiatives were completed during the period:
| Development: | Details |
|---|---|
| Subsidiary Acquisition: | Acquired remaining 17% stake in Landmark Cars (East) Private Limited for ₹141.67 million |
| New Incorporation: | Landmark Luxury Retail Private Limited incorporated on August 14, 2025 |
| Business Acquisition: | Landmark Premium Cars acquired Kia after-sales business in Telangana |
| Goodwill Created: | ₹8.93 million goodwill from Kia business acquisition |
Regulatory Compliance and Exceptional Items
The company reported exceptional items of ₹20.18 million in Q3FY26, primarily due to the impact of new Labour Codes implemented by the Government of India effective November 21, 2025. This includes ₹19.26 million related to incremental gratuity impact arising from changes in wage definitions under the unified labour framework.
Upcoming Earnings Call
Landmark Cars has scheduled an earnings conference call for February 11, 2026 at 10:30 AM IST to discuss these Q3FY26 results. The call will be hosted by Monarch Networth Capital and will feature key management including Mr. Sanjay Thakker (Chairman and Executive Director), Mr. Aryaman Thakker (Executive Director), and Mr. Surendra Agarwal (Chief Financial Officer).
Historical Stock Returns for Landmark Cars
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.14% | +0.84% | +4.79% | -18.57% | -8.95% | -5.89% |
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