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Incorporated in 1983, Popular Vehicles and Services Limited is engaged in the business of automobile dealerships in India.
Popular Vehicles and Services Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "Press Release Un-Audited Financial Results for the quarter ended 30th June, 2026.".
Popular Vehicles reported strong FY26: revenue +15.2% to ₹6,401 Cr, new vehicle volumes +21.2%. Strategic footprint expanded significantly. EBITDA +16% to ₹203 Cr, integration costs led to a ₹12.5 Cr net loss. AGM on Aug 28 to approve director & statutory auditor changes.
Popular Vehicles reported robust Q1FY27 with 53% YoY revenue growth and 91% new vehicle volume sales increase. Inventory days improved significantly. Debt rose from acquisitions and network expansion, including a new e-commerce platform and new sales/service points, with acquired businesses nearing breakeven.
Popular Vehicles & Services (PVSL) announced an operational change: its website domain has moved from popularmaruti.com to popularvehicles.in. Key information for stakeholders.
Popular Vehicles reported robust Q4FY26 revenue (+69%) & new vehicle volume (+44%) growth. Full-year revenue rose 15%, volumes 21%, with CVs surging (+134% Q4). Inventory days reduced. Network expanded. Expansion-related debt and IndAS adjustments impacted profitability.