Landmark Cars reports strong growth, strategic expansion, recommends dividend

Landmark Cars Limited will hold its 19th Annual General Meeting (AGM) on Monday, September 22, 2025, at 3:00 p.m. (IST) via Video Conferencing/Other Audio-Visual Means. The company has set Monday, September 15, 2025, as the cut-off date for shareholders to be eligible for e-voting and attendance. The board of directors has recommended a final dividend of ₹0.50/- (10%) per share for the financial year 2024-25, which will be paid on or after September 27, 2025, subject to approval at the AGM.

The Integrated Annual Report for FY 2024-25 reveals robust financial performance, with proforma revenue reaching ₹56,261 million, a 20.9% year-on-year increase from ₹46,554 million in 2023-24. Consolidated revenue from operations grew to ₹40,254.98 million from ₹32,878.87 million in the previous year. Profit After Tax (PAT) stood at ₹173 million in 2024-25. The company also expanded its network, operationalizing 23 new outlets in FY 2024-25 across cities like Hyderabad, Jaipur, and Faridabad.

Shareholders holding more than 5% of shares include Sanjay Karsandas Thakker (36.39%) and Ami Sanjay Thakker (12.89%) as of March 31, 2025. The Secretarial Audit Report for the financial year ended March 31, 2025, was issued by M/s Ravi Kapoor & Associates, Practicing Company Secretaries.