Landmark Cars Reports Mixed Financial Results Amidst Sales Growth and Profitability Challenges in March 2025

Landmark Cars has recently reported its financial results for the quarter ending March 2025, revealing a complex picture of its performance. The company has experienced a notable adjustment in its evaluation, with its score reflecting a shift from -1 to -14 over the past three months.
On a positive note, Landmark Cars reported net sales of Rs 2,286.25 crore, marking a year-on-year growth of 25.40%. This indicates a favorable near-term sales trend, suggesting that the company is managing to generate revenue effectively despite the challenges it faces.

Conversely, the financial results also highlight significant concerns. The profit before tax less other income (PBT) has shown a marked decline, recorded at Rs -1.78 crore, which is substantially lower than the average PBT of Rs 7.78 crore from the previous four quarters. Similarly, profit after tax (PAT) has also decreased to Rs 1.56 crore, down from an average of Rs 7.02 crore in the prior quarters. Additionally, the company's operating profit to interest ratio has reached its lowest point in five quarters, indicating challenges in managing interest obligations.

Furthermore, the increase in interest expenses, which rose by 33.22% over the preceding nine months, suggests a reliance on increased borrowings. The high proportion of non-operating income, which stands at 140.92% of PBT, raises questions about the sustainability of the company's income sources.

Overall, Landmark Cars is navigating a challenging financial landscape, with both positive sales growth and significant pressures on profitability and operational efficiency.

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