Q1 Results Live Updates: L&T Technology Services, Tata Elxsi Among Others To Declare Earnings Today
Q1 Results Today Live Updates: Landmark Cars shares rallied after the company reported a strong business update for the June quarter of financial year 2027 (Q1FY27), driven by robust growth in vehicle sales and after-sales operations.
The company’s total revenue from operations, including agency sales, rose 22.5% year-on-year (YoY) to Rs 1,733 crore in Q1FY27 from Rs 1,415 crore in the corresponding quarter last year. Vehicle sales, including agency and pre-owned vehicle sales, increased 24.2% YoY to Rs 1,465 crore from Rs 1,180 crore a year earlier.
“The Company reported its highest-ever first-quarter sales during the quarter, backed by solid growth in both the Vehicle Sales and After-sales segments,” Landmark Cars said, in an exchange filing.
Revenue from after-sales services, spare parts and other operations grew 14% YoY to Rs 268 crore, compared with Rs 235 crore in the year-ago period. The company attributed the performance to the ramp-up and stabilisation of newly opened workshops.
READ MORE: Landmark Cars Shares Skyrocket 17% On Robust Q1 Business Update
