Landmark Cars Limited reports 33.5% revenue growth in H1

Landmark Cars Limited reported 33.5% year-on-year growth in reported revenue for the half year ended September 30, 2025, while proforma revenue increased 30.7%. The company said the period marked its best half-yearly performance to date, supported by revenue growth and cash flow generation amid changes linked to GST 2.0.

What did Landmark Cars disclose for the September half-year?

Landmark Cars released an investor presentation covering its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The presentation described the half-year as Landmark Cars' best performance for a six-month period so far. It highlighted growth in revenue and cash flow generation, while also setting out the operating context for the automotive retail business during the period. The company did not provide absolute revenue, profit or cash-flow amounts in the supplied presentation extract.

The reported figures distinguish between proforma revenue and reported revenue. This distinction is important for investors reviewing automotive retail companies, where reported financial results may differ from broader operating-revenue measures used by management. The supplied material identifies growth rates for both measures but does not provide further reconciliation details.

Which financial metrics did Landmark Cars report?

Landmark Cars reported year-on-year expansion across proforma revenue, reported revenue, gross profit and reported EBITDA in its investor presentation. Reported revenue grew the fastest among the disclosed profit-and-loss metrics, rising 33.5% year on year.

Gross profit increased 17.0% year on year, while reported EBITDA rose 8.0%. The gap between the reported revenue growth rate and EBITDA growth rate is a relevant point for investors, as the presentation provides the growth figures but does not disclose the underlying absolute values or a detailed margin bridge in the supplied extract.

The company also referred to positive cash flow generation and prudent inventory management in its earlier June 2025 quarter presentation. For the September-half-year presentation, Landmark Cars again highlighted cash flow generation as part of its performance narrative, without publishing an amount in the material provided.

How did GST 2.0 feature in Landmark Cars' presentation?

Landmark Cars said GST 2.0 affected the automotive industry through changes in pricing and sales strategies during the transition. The company included the issue in its investor communication as an operating factor relevant to vehicle retailing and customer purchasing decisions.

The supplied material does not set out specific GST rates, vehicle-category changes, price reductions or the financial impact on Landmark Cars. It does, however, indicate that the company was navigating the transition through pricing and sales measures. This makes the policy environment relevant when assessing the company’s reported growth during the half-year.

Auto retailers operate between vehicle manufacturers and end customers, making pricing changes and inventory planning central to day-to-day execution. Landmark Cars' reference to inventory discipline and cash flow generation places its performance discussion within that operational framework, although the presentation extract does not quantify inventory levels or working-capital movement.

What does the half-year performance mean for investors?

Landmark Cars' 33.5% reported revenue growth and 30.7% proforma revenue growth show that its sales base expanded during the half year ended September 30, 2025. The 17.0% increase in gross profit and 8.0% rise in reported EBITDA show that profit measures also increased, though at slower rates than revenue.

For investors, the disclosed growth rates provide evidence of higher activity but do not by themselves establish changes in profitability margins. Absolute EBITDA, gross profit, net profit, debt, inventory and operating cash-flow figures are not available in the supplied extract. Those figures would be necessary for a fuller assessment of earnings quality and balance-sheet effects.

The presentation also referred to Landmark Cars' position in premium multi-brand automotive retail and its expansion into new car brands. It cited demand for premium, luxury and electric vehicles as broader business themes. These statements outline the company’s strategic context, but the supplied data does not give brand-wise sales, dealership additions, electric-vehicle volumes or regional performance.

When is Landmark Cars' next disclosed investor interaction?

Landmark Cars informed the exchange on November 6, 2026, about an earnings conference call with analysts and investors scheduled for Friday, November 13. The supplied announcement does not state the financial period that will be discussed or provide the agenda beyond the earnings-call description.

The company has also stated that its investor presentations are available on its investor-relations website. Its disclosures across periods have covered unaudited quarterly, half-yearly and nine-month financial results, allowing investors to compare the company’s operating updates over time when the underlying financial statements are available.

Conclusion

Landmark Cars' September 2025 half-year presentation showed broad year-on-year growth, led by a 33.5% rise in reported revenue and a 30.7% increase in proforma revenue. Gross profit and reported EBITDA also grew, while the company identified cash flow generation, inventory management and GST 2.0-related pricing conditions as important elements of its operating environment.

The next disclosed event to watch is Landmark Cars' earnings conference call scheduled for Friday, November 13, 2026. Investors may look for management commentary on revenue quality, profit progression, inventory, cash flow and the continuing effect of GST 2.0 on sales and pricing.