LANDMARK

May 29 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS MARCH-QUARTER CONSOL NET PROFIT 14.2 MILLION RUPEES

• LANDMARK CARS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 10.91 BILLION RUPEES

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** India's Landmark Cars LANM.NS jumps as much as 4.6% to one-month high of 438.95 rupees; last up 3%

** Car dealer says Q4 revenue rises 17.3% y/y

** ICICI Direct Research says Q4 results slightly below expectations but LANM's comments on stabilizing operations post record expansion in FY25 is encouraging

** Trading vol of 260,000+ shares is ~4x six-month daily avg

** YTD, LANM down around 31%

(Reporting by Vivek Kumar M)

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April 15 (Reuters) - Landmark Cars Ltd LANM.NS:

• Q4FY25 TOTAL REVENUE FROM OPERATIONS UP 17.31% Y/Y

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** Shares of Landmark Cars Ltd LANM.NS rise as much as 2.3% to 620 rupees

** Automobile retailer gets letter of intent from JSW MG Motor India to open MG Select dealerships in Ahmedabad, Kolkata

** Adds, co's unit will establish the dealerships and sales are expected to begin by May 2025

** More than 50,000 shares traded as of 11:39 a.m. IST, just above their 30-day moving avg of 49,237 shares

** LANM fell 24.1% in 2024

(Reporting by Meenakshi Maidas in Bengaluru)

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Jan 20 (Reuters) - Landmark Cars Ltd LANM.NS:

• TO OPEN NEW MG SELECT DEALERSHIPS IN AHMEDABAD AND KOLKATA

Source text: ID:nBSE8wdJXQ

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** Shares of Landmark Cars LANM.NS rise as much as 2.6% to 621.1 rupees, currently up 1%

** The auto retailer's Q3 revenue from ops jumps 26.3% y/y

** Stock was trading ~1% lower before its Q3 revenue update

** More than 135,000 shares traded, 3x its 30-day moving avg

** Stock most traded since Dec. 4

** LANM fell 24% in 2024

(Reporting by Anuran Sadhu in Bengaluru)

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Dec 6 (Reuters) - Landmark Cars Ltd LANM.NS:

• EXECUTES ASSET TRANSFER AGREEMENT TO ACQUIRE A KIA SHOWROOM IN HYDERABAD

Source text: ID:nBSE92PTCT

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Nov 11 (Reuters) - Landmark Cars Ltd LANM.NS:

• SEPT-QUARTER CONSOL NET LOSS 240,000 RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 9.07 BILLION RUPEES

Source text: ID:nBSE8wfGMX

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Oct 17 (Reuters) - Landmark Cars Ltd LANM.NS:

• RECEIVED A LETTER OF INTENT FROM BYD INDIA

Source text for Eikon: ID:nBSEGwK1B

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Oct 4 (Reuters) - Landmark Cars Ltd LANM.NS:

• RECEIVED LOI FROM MERCEDES-BENZ INDIA FOR A DEALERSHIP IN PATNA

Source text for Eikon: ID:nBSE2yC469

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** Shares of Landmark Cars LANM.NS down 5.2% to 569 rupees, its lowest since May 2023

** The auto retailer's Q1 consol net profit dropped 55% y/y

** Stock eyes busiest trading session in eight sessions, over 177,000 shares traded

** Including session's losses, stock down ~32% YTD

(Reporting by Manvi Pant in Bengaluru)

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Aug 13 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS LTD JUNE-QUARTER CONSOL NET PROFIT 31.8 MILLION RUPEES

• LANDMARK CARS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.32 BILLION RUPEES

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** Shares of auto retailer Landmark Cars LANM.NS up 3.7% to 655.45 rupees, its best day since early-June

** Stock snaps four-sessions of losses

** LANM's Q1 total revenue from operations grew ~25% Y/Y, vehicle sales jumped 26%

** Including session's gains, LANM stock down ~21% YTD

(Reporting by Manvi Pant in Bengaluru)

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July 15 (Reuters) - Landmark Cars Ltd LANM.NS:

• Q1 TOTAL REVENUE FROM OPERATIONS ROSE 24.71% Y/Y

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May 13 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS LTD - LANDMARK CARS TO OPEN A SALES OUTLET FOR MERCEDES-BENZ INDIA IN BHOPAL

Source text for Eikon: ID:nBSE2Hs5W8

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May 2 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS RECEIVED LETTER OF INTENT FROM HONDA CARS INDIA TO ACQUIRE EXISTING DEALERSHIP OPERATIONS IN RAJASTHAN

Source text for Eikon: ID:nBSE9Mfzk5

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March 12 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS TO EXPAND SERVICE NETWORK WITH MERCEDES-BENZ INDIA

• RECEIVED EXPRESSION OF INTEREST FROM MERCEDES- BENZ INDIA FOR OPENING WORKSHOP IN MUMBAI

Source text for Eikon: ID:nBSE6G0Gj2

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** Shares of Landmark Cars LANM.NS down as much as 6.8% at 763.10 rupees, in sharpest intraday pct decline since June 16, 2023

** Auto retailer posts 29.6% drop in Q3 consol net profit, while rev up about 9.5%

** Stock on track to lose for third consecutive session

** About 200,000 shares changed hands by 12:32 p.m. IST, 1.6x the 30-day avg

** So far this year, stock has fallen ~8% after a ~80% surge in 2023

(Reporting by Hritam Mukherjee in Bengaluru)

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Feb 9 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS DEC-QUARTER CONSOL NET PROFIT 182.4 MILLION RUPEES VERSUS 259 MILLION RUPEES

• LANDMARK CARS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.59 BILLION RUPEES VERSUS 8.76 BILLION RUPEES

Source text for Eikon: ID:nBSE5CGVhZ

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** Shares of Landmark Cars LANM.NS rise ~4% to 876 rupees

** Luxury auto dealer said on Monday its Q3 proforma rev from ops rose ~8%
** LANM up 28% since Nov.9 when it reported a rise in Q2 profit

** Stock up ~86% since listing on Dec. 23, 2022

(Reporting by Kashish Tandon)

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Jan 15 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS LTD - Q3 TOTAL REVENUE FROM OPERATIONS UP 8.06% YOY

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BENGALURU, Nov 8 (Reuters) - Indian luxury auto dealer Landmark Cars LANM.NS reported a 20.55% rise in quarterly profit, helped by lower expenses even as demand slowed.

Consolidated net profit rose to 201.6 million rupees ($2.42 million) for the quarter ended Sept. 30 from 167.2 million rupees a year earlier.

The auto reseller, which was listed last December, said total expenses fell nearly 9% to 7.55 billion rupees. A fall in the purchase of cars and spares, which constitute the bulk of costs, pushed expenses down.

The decline in costs outpaced revenue from operations, which fell 9.6% to 7.71 billion rupees.

The company's vehicle sales fell 7.8% in the second quarter.

Last month the Mercedes-Benz and Jeep dealer had flagged a marginal decline in the business in the reported quarter due to supply chain constraints.

The company expects better supply of vehicles across original equipment manufacturers in the second half of the current fiscal year.

Shares of Landmark Cars rose 2.8% ahead of the results, bumping the year-to-date gains to about 52%.

($1 = 83.2650 Indian rupees)

(Reporting by Meenakshi Maidas and Yagnoseni Das in Bengaluru; editing by Eileen Soreng)

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Oct 16 (Reuters) - Landmark Cars Ltd LANM.NS:

• Q2 TOTAL REVENUE FROM OPERATIONS DOWN 2.8% YOY

• Q2 VEHICLE SALES DOWN 7.8% YOY

• ON A YOY BASIS A MARGINAL DEGROWTH WAS WITNESSED ON ACCOUNT OF SUPPLY CHAIN CONSTRAINTS

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Oct 13 (Reuters) - Landmark Cars Ltd LANM.NS:

• RECEIVED LETTER OF INTENT FROM MG MOTOR INDIA FOR OPENING DEALERSHIP IN STATE OF GOA

• BUSINESS WILL INCLUDE SALES AND AFTER SALES OF MG CARS

• DEALERSHIP WILL BE OPERATIONAL IN CURRENT QUARTER

Source text for Eikon: ID:nBSE7HZJqF

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** Shares of luxury auto dealer Landmark Cars LANM.NS rise as much as 8% to 782 rupees, their all-time high

** Stock logs biggest intraday pct climb since June 23

** Co says it signed a letter of intent with Mahindra and Mahindra MAHM.NS to open a dealership in Howrah, West Bengal

** Dealership will include sales and after sales of MAHM's vehicles

** Separately, LANM says it incorporated its unit Landmark Mobility for 50 mln rupees ($601,257.83)

** Over 259,000 shares change hands as of 9:30 a.m. IST, 2.5X the 30-day moving average

** Stock up 56.1% YTD as of last close

($1 = 83.1590 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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Sept 7 (Reuters) - Landmark Cars Ltd LANM.NS:

• ADDS MAHINDRA & MAHINDRA VEHICLES INTO ITS OFFERINGS

• BUSINESS WILL INCLUDE SALES AND AFTER SALES OF MAHINDRA’S PERSONAL, PICKUP AND SUPRO RANGE OF VEHICLES

Source text for Eikon: ID:nBSE68lL1y

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** Shares of Landmark Cars LANM.NS fall as much as 4.2% to 732.1 rupees

** Co on late Monday said June qtr proforma total revenue from operations came at 9.36 billion rupees ($114.06 million), down 9.21% YoY
** Vehicle sales, also including agency sales, fell 14.32% YoY

** Co said business continued to show traction with the after sales business remaining robust

** Landmark Cars operates an automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault

** More than 120,000 shares change hands by 10:00 a.m. IST, 0.4x the 30-day avg

** Stock up over 60% since its listing in Dec 2022, as of last close

($1 = 82.0600 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

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** Shares of Ircon International IRCN.NS up 3.8% at 83.40 rupees

** The engineering and construction company commissions phase 1 of railway project for Sri Lanka Railways

** Stock up 40% in 2023 so far compared to an 8% rise in Nifty 50 .NSEI index

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of Sp‪iceJet SPJT.BO fall as much as 11.22%, steepest intraday pct decline in seven weeks, to 26.50 rupees

** Press Trust of India reports aviation regulator, Directorate General of Civil Aviation (DGCA), has put the airlines operator under enhanced surveillance

** SpiceJet did not immediately respond to Reuters request for comment

** Decision comes as SPJT faces multiple financial headwinds

** SPJT is in the process of settling dues with various lessors seeking repossession of leased aircraft

** Trading volume at 2.25 mln shares as of 2:04 p.m. IST, 1.2 times the 30-day avg - Refinitiv data

** Stock down 23% YTD vs 7.4% rise in benchmark Nifty 50 index .NSEI

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of agri chemical firm UPL UPLL.NS fall as much as 3.02% to 640.15 rupees; top Nifty 50 loser

** Global agri products supplier FMC FMC.N slashes UPL's growth outlook for the year on volume decline across major markets

** FMC reduces full-year revenue forecast to $5.20 bln-$5.40 bln range, from $6.08 bln-$6.22 bln

** Read through from FMC's guidance cut for UPL is that lower demand and higher channel inventory build-up will likely hurt earnings growth, says Prabhudas Lilladher analyst Himanshu Binani

** Sees possibility of downward revision in earnings estimates in firms like UPL

** Tejas Sonawane of Dolat Capital sees added pain for agri chemical firms from dumping of generic molecules by China at relatively lower prices

** Of the 24 analysts tracking UPLL, 13 maintain "strong buy", two suggest "buy", two retain "hold" and one recommends "sell"; median PT is 927 rupees

(Reporting by Bharath Rajeswaran in Bengaluru)

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