Ahmedabad, January 15, 2026 – Landmark Cars Limited (BSE: 543714 | NSE: LANDMARK) reported its highest-ever quarterly proforma revenue in the third quarter of FY26, supported by steady vehicle demand, strong aftersales performance, and network expansion initiatives.
Q3 FY26 Financial Performance Overview
On a consolidated proforma basis, the company’s total revenue from operations rose to ₹1,849 crore in Q3 FY26, registering a 10.78 percent year-on-year growth compared with ₹1,669 crore in Q3 FY25. Sequentially, revenue increased 11.59 percent over Q2 FY26, reflecting improving business traction.Revenue Breakdown (₹ crore)
| Particulars | Q3 FY26 | Q3 FY25 | YoY Change | Q2 FY26 | QoQ Change |
|---|---|---|---|---|---|
| Total Revenue from Operations | 1,849 | 1,669 | 10.78% | 1,657 | 11.59% |
| Vehicle Sales (including agency and pre-owned) | 1,570 | 1,422 | 10.41% | 1,403 | 11.90% |
| Aftersales, spare parts and others | 279 | 247 | 12.96% | 254 | 9.84% |
For the nine months ended FY26, total proforma revenue stood at ₹4,921 crore, up 20 percent from ₹4,101 crore in the corresponding period last year, underlining sustained growth momentum across segments.
Aftersales Business Hits New High
The aftersales segment delivered its highest-ever quarterly performance, aided by the ramp-up and stabilization of workshops across locations. Growth in this segment outpaced the last five quarters, highlighting improving service throughput and higher customer engagement.Vehicle Demand and Operational Update
Vehicle sales continued to remain healthy during the quarter. Growth was marginally moderated by temporary supply constraints in BYD models, which normalized in January 2026. The company noted that demand for BYD vehicles remains strong, indicating potential upside in the coming quarters.Network Expansion and New Launch Pipeline
During the quarter, Landmark Cars operationalised a Mahindra & Mahindra showroom in Hyderabad, strengthening its presence in a key southern market. Additionally, a Mercedes-Benz showroom in Bhopal is expected to become operational in January 2026.Looking ahead, calendar year 2026 is expected to see multiple high-profile model launches from partner OEMs, including the Mahindra XUV 7XO, Mahindra XEV 9S, the new-generation Kia Seltos, and the Renault Duster. Deliveries of these models are expected to commence from the March quarter, supporting sales momentum. Mercedes-Benz is also expected to introduce around 12 new models during 2026.
About the Company
Landmark Cars Limited is a leading automotive retail group in India, operating dealerships for premium and mass-market brands across vehicle sales, pre-owned cars, and aftersales services. The company is listed on both BSE and NSE under the symbol LANDMARK.Source:
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