The Quarter story
The two most recent quarterly results, compared side-by-side.
Landmark Cars delivers strong earnings recovery and steady after-sales growth, while managing margin pressure and rising finance costs.
Adjusted profit after tax rose from ₹30 Cr to ₹161 Cr from Q2 FY26 to Q1 FY27 — demonstrating effective cost control and margin expansion.
Gross profit margin eased from 17.1% to 15.7% from Q4 FY26 to Q1 FY27 — reflecting product mix shifts.
Inventory days declined from 42 days to 33 days from Q1 FY26 to Q1 FY27 — showcasing improved supply chain efficiency.
Finance cost rose from ₹116.8 Cr to ₹197.5 Cr from Q4 FY26 to Q1 FY27 — suggesting renewed debt utilization.
Mercedes-Benz market share increased from 15.1% to 15.9% from Q1 FY26 to Q1 FY27 — confirming strong premium segment demand.
Volkswagen market share fell from 9.7% to 6.7% from Q1 FY26 to Q1 FY27 — reflecting intense competitive pressure.
Total expenses fell from ₹1,662.5 Cr to ₹1,295.3 Cr from Q3 FY26 to Q1 FY27 — showing effective overhead control.
Depreciation and amortization expense jumped from ₹171.3 Cr to ₹363.4 Cr from Q4 FY26 to Q1 FY27 — signaling new asset additions.
Average selling price grew from ₹20.97 Lakh to ₹22.46 Lakh from Q1 FY26 to Q1 FY27 — confirming premium mix retention.
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