Landmark Cars has received an Expression of Interest from MercedesBenz India for opening a workshop in the Eastern part of Mumbai, Maharashtra. This workshop will be established by the listed company, Landmark Cars.Commenting on this development Sanjay Thakker, Promoter and Chairman, Landmark Cars said, �This is a significant development for Landmark as we build on our solid relationship with MercedesBenz India to further penetrate the service network. This step reflects our commitment to Mercedes-Benz India guiding principles of customer centricity and transformation. This workshop will tap into existing carparc in the vicinity from the inception.�Powered by Capital Market - Live News

Net profit of Landmark Cars declined 29.58% to Rs 18.24 crore in the quarter ended December 2023 as against Rs 25.90 crore during the previous quarter ended December 2022. Sales rose 9.49% to Rs 959.25 crore in the quarter ended December 2023 as against Rs 876.14 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales959.25876.14 9 OPM %6.807.41 - PBDT52.2855.98 -7 PBT26.0634.05 -23 NP18.2425.90 -30 Powered by Capital Market - Live News

Landmark Cars will hold a meeting of the Board of Directors of the Company on 9 February 2024.Powered by Capital Market - Live News

Landmark Cars has allotted 60,500 equity shares under ESOS on 07 December 2023. Powered by Capital Market - Live News

Net profit of Landmark Cars rose 20.57% to Rs 20.16 crore in the quarter ended September 2023 as against Rs 16.72 crore during the previous quarter ended September 2022. Sales declined 9.56% to Rs 770.69 crore in the quarter ended September 2023 as against Rs 852.15 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales770.69852.15 -10 OPM %7.077.15 - PBDT43.2448.74 -11 PBT18.6726.91 -31 NP20.1616.72 21 Powered by Capital Market - Live News