Landmark Cars is expanding its aftersales network in Hyderabad by opening a new Mahindra & Mahindra (M&M) workshop in Kompally. This facility, operated through its subsidiary Landmark Mobility Private Ltd, aims to address high demand at its existing two Hyderabad workshops. With this addition, the company will have 8 M&M outlets in Hyderabad and 12 across India. This move aligns with Landmark's strategy to deepen brand presence and leverage network effects in key geographies.

Landmark Cars reported a strong Q3 FY26 performance with proforma revenue growing 11% YoY to Rs 18,513 Mn and PAT increasing 20% to Rs 142 Mn. For the nine-month period (9M FY26), PAT surged 47.9% YoY to Rs 230 Mn, driven by the stabilization of new OEM brands which now contribute 20% of total revenue. The company demonstrated superior operational efficiency by reducing inventory days to 31, significantly below the industry average of 39. Cash flow generation was robust, with net operating cash flow for 9M FY26 reaching Rs 2,652 Mn, already surpassing full-year FY25 levels.

Landmark Cars reported a steady growth in Q3 FY26, with consolidated revenue reaching ₹13,450.76 million, a 12.5% increase from the same quarter last year. Net profit (PAT) grew by approximately 20% YoY to ₹141.80 million, despite an exceptional charge of ₹20.18 million related to the implementation of new Labour Codes. The company's agency model for Mercedes-Benz remains a significant contributor, facilitating car sales worth ₹5,374.85 million during the quarter. Overall, the results show improved operational efficiency and a sharp recovery from the previous quarter's low profit of ₹15.02 million.

Landmark Cars achieved its highest-ever quarterly proforma revenue of ₹1,849 crore in Q3FY26, marking a 10.78% YoY and 11.59% QoQ growth. The after-sales service segment also reached a record high of ₹279 crore, growing 12.96% YoY, which indicates strong recurring revenue streams. Despite temporary supply chain constraints in BYD car deliveries during the quarter, demand remains robust and supply normalized in January 2026. The company is expanding its footprint with new showrooms for Mahindra and Mercedes-Benz, while preparing for a significant launch pipeline in CY2026.

Landmark Cars' Board has approved a ₹80 crore investment into three of its wholly-owned subsidiaries: Aeromark Cars (MG brand), Landmark Premium Cars (KIA brand), and Landmark Mobility (Mahindra brand). The investment will be executed through the subscription of 8 crore Optionally Convertible Redeemable Preference Shares (OCRPS) at ₹10 each. The primary objective is to reduce the parent company's loans to these subsidiaries, thereby strengthening their individual balance sheets. This internal capital restructuring is expected to be completed by March 31, 2025, and will not alter the company's 100% ownership stake.

Landmark Cars Limited has approved a total investment of ₹80 crore into three of its wholly-owned subsidiaries through the subscription of Optionally Convertible Redeemable Preference Shares (OCRPS). The investment is split between Landmark Premium Cars (₹35 Cr), Aeromark Cars (₹25 Cr), and Landmark Mobility (₹20 Cr). The primary objective is to reduce the parent company's loans within these subsidiaries, thereby strengthening their individual balance sheets. These subsidiaries represent the company's high-growth partnerships with the KIA, MG, and Mahindra & Mahindra brands.

Landmark Cars Limited is expanding its partnership with BYD India by opening a new showroom and workshop in Pune, Maharashtra. This will be operated by Watermark Cars Private Limited, a wholly-owned subsidiary. Landmark Cars is already BYD's largest retail and service partner with 7 outlets. BYD's sales have surged by approximately 80% this year, making this expansion strategically aligned for Landmark Cars.