Landmark Cars soars after revenue climbs 22% YoY in Q1
Mumbai, July 14 -- Revenue from vehicle sales, including agency sales and pre-owned vehicle sales, increased 24.15% YoY to Rs 1,465 crore during the quarter. Revenue from after-sales service, spare parts and other businesses grew 14.04% YoY to Rs 268 crore.
The company said deliveries of several key models commenced during the June quarter, including the Mercedes-Benz CLA, MG Majestor and the new Renault Duster. Looking ahead, Landmark Cars expects further momentum from upcoming launches by Mercedes-Benz, BYD, MG, Mahindra & Mahindra, Honda and Kia, which are anticipated to support healthy sales growth in the coming quarters.
Landmark Cars is the leading premium automotive retail business in India with dealerships for Mercedes Benz, Hon...
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