Landmark Cars543714Automobile dealership
Landmark Cars partners with OLX to launch a pre-owned car (phygital) platform, alongside plans to grow its EV and aftersales business
- Touch points integrated
- 140 touch points
- Pre-owned car revenue
- 110 to 120 crores of rupees
- Group proforma revenue
- 6,700 crore rupees
- OLX used car listing share
- 60 percent
- Pre-owned car gross margin
- 8 to 9 percent
Heard on Live TV News Channel between 09:29:24 - 09:30:39 IST.
- Landmark Cars shared notification of partnership with OLX, one of the largest pre-owned car listing platforms, to build a new phygital used car platform
- About 140 touch points of Landmark will be integrated with the OLX network as an additional layer for consumers
- ED Arman Tucker said pre-owned cars currently contribute only Rs 110-120 crore of the Rs 6,700 crore proforma group revenue
- OLX accounts for over 60% of all used car listings in India; Landmark will refurbish cars at its workshops and list them via OLX and CarTrade for wider reach
- Cars will be co-funded and refurbished under the partnership; revenue-share details are still early days, per Tucker
- Aftersales business EBITDA is said to be 2x that of new car sales EBITDA despite new car sales volume being 4x aftersales
Also from Landmark Cars
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29 Sep 2026
Landmark Cars announced a collaboration with OLX to develop a used car platform website, shared on the exchange on 24th September
29 Sep 2026
Landmark Cars stock jumped 10% on expanding EV business footprint and new partnerships
29 Sep 2026
Source: Live TV News Channel · 30 Sep 2026
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