Landmark Cars reported its highest-ever EBITDA and new-car sales EBITDA equal to 40% of total EBITDA. It also signed an OLX India partnership to jointly acquire and sell pre-owned cars, while management says new-car inventory is around 35 days.

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In the last quarter, apart from having the highest ever EBITDA in the history of the company, we also recorded the highest ever new car sales EBITDA. The new car sales EBITDA is now 40% of the total EBITDA. We have signed an agreement with OLX India, part of Car Trade Tech, to develop a digital proposition that combines OLX India's industry-leading digital reach with Landmark's leadership in physical retail and service networks. We are at around 35 days of new car inventory, which I think most people in the industry believe that anything under 30 is good. Open the document at this passage

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