PVSL Popular Vehicles and Services Q4 FY25 results (Jan–Mar 2025) and concall
Popular Vehicles faced a challenging FY25 with subdued demand, leading to a significant decline in profitability and a net loss. The company is strategically divesting non-core assets for ₹70 crores to reinvest in core business expansion and has implemented cost-saving and inventory management initiatives. Management expresses confidence in a recovery for FY26, targeting a 5.1% EBITDA margin and substantial service revenue growth.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|
| Revenue | 763 | 645 | 588 |
| EBITDA | 22 | 4 | -5 |
| Net profit | 3 | -13 | -23 |
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.




