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Ketan Mittal (SEBI RA)

14th Jul · SEBI-Registered Analyst

LANDMARK

Shares of Landmark Cars surged 17.5% in Tuesday's trade (July 14) to hit a six-month high of ₹496.70, as investors cheered the company's strong June-quarter business update. The company reported its highest-ever first-quarter sales, supported by robust growth in both its vehicle sales and after-sales businesses. Revenue from operations, including agency sales, rose 22.47% year-on-year to ₹1,733 crore. Vehicle sales (including agency sales and pre-owned vehicle sales) increased 24.15% YoY to ₹1,465 crore, while revenue from after-sales services, spare parts and other businesses grew 14.04% to ₹268 crore, as per the exchange filing.

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