Landmark Cars Reports 30.52% Revenue Growth in Q2 FY25, September 30

Landmark Cars has announced impressive financial performance for the quarter ended September 30, 2025. The automotive retail giant reported 30.52% year-on-year growth in consolidated total revenue from operations at ₹1,655 crore.

This represents a significant increase from ₹1,268 crore recorded in the same period last year. The company described this as its fastest-ever quarterly growth since listing, driven by multiple positive factors.

Vehicle Sales Performance

Vehicle sales, including agency and pre-owned vehicle sales, rose 35.03% year-on-year to ₹1,403 crore from ₹1,039 crore. This substantial growth was driven by robust consumer demand, strategic network expansion, and strong festive season momentum.

The company successfully navigated temporary purchase postponements ahead of the government’s GST rate reduction effective September 22, 2025. Landmark Cars stated that the GST reduction on ICE cars is expected to support sustained demand revival in the coming quarters.

After-Sales Business Achievement

After-sales revenue, comprising service, spare parts, and other operations, grew 10.04% to ₹252 crore. This performance marked the company’s highest-ever quarterly after-sales revenue achievement.

The consistent growth in this segment underscores Landmark Cars’ strengthening customer retention and service capabilities. The after-sales business continues to provide stable revenue streams alongside the more volatile vehicle sales operations.

Network Expansion Initiatives

During the quarter, Landmark Cars operationalised two Kia workshops in Hyderabad and began Mercedes-Benz operations in Patna. Both new facilities have started contributing positively to the company’s overall performance.

In October, the company also launched its MG Select outlet in Kolkata, which received encouraging customer response. These expansions form part of the company’s strategic growth plan across key automotive markets.

Share Price

The shares of the automotive retail group ended 0.7% higher on Monday (October 13) following the business update announcement. However, the stock has declined by over 6% in the year to date, reflecting broader market sentiments toward automotive retail stocks.

The quarterly performance update appears to have generated positive investor response amid challenging market conditions. The stock performance will be closely watched as the company continues its expansion trajectory.

Read More: India Aims Top Spot in Global Automobile Manufacturing

Conclusion

Landmark Cars’ second quarter performance demonstrates strong execution capabilities and market positioning in the automotive retail sector. The record revenue growth and expanding network underscore the company’s growth trajectory amid evolving market conditions.

The successful navigation of regulatory changes and continued brand partnerships bode well for future performance. The company appears well-positioned to maintain its growth momentum through the remainder of the fiscal year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.