PVSL Popular Vehicles and Services Q1 FY26 results (Apr–Jun 2025) and concall
Popular Vehicles faced a challenging Q1 FY26 with a reported loss and declining EBITDA, primarily due to industry slowdown and weak demand. However, the company demonstrated resilience through cost control, strong growth in EV and luxury segments, and strategic expansion into new geographies and brands. Management is focused on debt reduction and expects improved performance in H2 FY26, contingent on GST clarity.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 763 | 645 | 588 | 536 |
| EBITDA | 22 | 4 | -5 | 4 |
| Net profit | 3 | -13 | -23 | -15 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
