New Delhi, July 14 -- Shares of Landmark Cars surged 17.5% in Tuesday's trade (July 14) to hit a six-month high of Rs.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 Rs.1,733 crore. Vehicle sales (including agency sales and pre-owned vehicle sales) increased 24.15% YoY to Rs.1,465 crore, while revenue from after-sales services, spare parts and other businesses grew 14.04% to Rs.268 crore, as per the exchange filing.

The auto retailer said the reported revenue includes sales generated under M...