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Results · Apr-Jun 2026

Popular Vehicles and Services Q1 FY27 results

Sales grew 44% to ₹1,890 crore from ₹1,311 crore in Apr-Jun 2025.

Operating profit grew 74% to ₹57.9 crore, an operating margin of 3.1% (up 0.5 points from a year ago).

Net profit turned positive: ₹1.4 crore against a loss of ₹8.8 crore in Apr-Jun 2025.

Against Jan-Mar 2026: sales +8%, net profit turns positive.

Apr-Jun 2026 vs a year ago

₹ croreApr-Jun
2026
Apr-Jun
2025
Change
Sales1,8901,311+44%
Operating profit (EBITDA)57.933.2+74%
Operating margin3.1%2.5%+0.5 pts
Net profit1.4-8.8turns positive

Consolidated figures. Margins & ratios change in percentage points (pts).

The last 7 quarters

From the company's results filed on BSE (Consolidated). Business numbers only. Education & analysis, not investment advice or a recommendation.

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