Landmark Cars Posts ₹380.82 Million Profit
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Revenue: Consolidated total income reached ₹ 49,143.83 million (≈ ₹ 49.1 bn) for FY 2026, driven largely by the new agency‑model commission earnings from Mercedes‑Benz sales.
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Profit after tax (PAT): Consolidated profit for the period was ₹ 380.82 million, translating to a PAT margin of 0.8 % for the year. Stand‑alone profit was higher at ₹ 412.13 million.
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Operating cash flow: Net cash generated from operating activities rose to ₹ 2,674.69 million, boosting year‑end cash & cash equivalents to ₹ 363.48 million.
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Margins: PAT margins remained below 1 % for FY 2026, indicating margin pressure despite the revenue uplift.
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Key operational highlights:
- Conversion of the Mercedes‑Benz dealership to an agency model, earning commissions on ₹ 16,425.66 million of cars sold on behalf of the brand.
- Completed acquisition of the remaining 17 % stake in Landmark Cars (East) Private Ltd for ₹ 141.67 million, making it a wholly‑owned subsidiary.
- Approved an amalgamation scheme to merge Landmark Cars Limited with its subsidiary Landmark Cars (East) Private Ltd (pending NCLT and regulator approvals).
- Established a new subsidiary, Landmark Luxury Retail Private Ltd, for luxury‑goods retail.
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Dividend: Board recommended a 30 % final dividend (Rs 1.50 per share, face value Rs 5) for FY 2025‑26, subject to shareholder approval.
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Outlook: No forward‑looking guidance was provided; the company highlighted ongoing margin pressure and the need to navigate regulatory costs and integration of recent acquisitions.
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