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Incorporated in 1983, Popular Vehicles and Services Limited is engaged in the business of automobile dealerships in India.
Popular Vehicles & Services kicked off FY27 with a strong Q1, showing broad-based growth. Total income surged 44.6% YoY to `1,903.1 Cr`, with EBITDA jumping 86.6% to `71.5 Cr`. Profit after tax turned positive at `1.4 Cr` (vs `8.8 Cr` loss last year), with EPS at `0.19`. New vehicle sales...
**1. Business Performance:** Popular Vehicles and Services saw a strong comeback in Q3 FY26, with revenue jumping 30.8% YoY to 1,785.4 Cr. Volume demand recovered significantly, with entry-level passenger vehicles up 35% YoY, premium vehicles growing 30% YoY, and commercial vehicles soaring 52% YoY. The EV two-wheeler segment also showed...
Popular Vehicles and Services saw Q2FY26 revenue climb 1.1% YoY to 1,534.6 Cr, with H1 revenue at 2,850.5 Cr. However, Q2 Profit After Tax plunged to 0.6 Cr (down 92.5% YoY), and H1 registered a PAT loss of 8.2 Cr. Passenger Vehicle sales (ex-luxury) dipped as customers delayed purchases due...
Popular Vehicles & Services (PVSL) has reported its Q1 FY26 financial results. Revenue grew 1% YoY to ₹1,316 Cr, driven by strong performance in luxury and EV segments, despite a seasonally slow quarter. However, EBITDA saw a 26% YoY decline to ₹38 Cr, with margins at 2.9%. The company effectively...
1. Financial Highlights: Popular Vehicles’ revenue declined 1.3% to ₹5,541 Cr, weighed down by weak demand and festive sales. EBITDA fell sharply by 39% to ₹175 Cr, dragging margins down to 3.2%. Profit before tax turned negative at -₹9 Cr from ₹97.7 Cr, reflecting elevated discounts and inventory corrections. New...