Popular Vehicles and Services Limited — Investor Meet, 29-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Popular Vehicles and Services Ltd has announced a board meeting to consider the financial results for the quarter and half-year. FY25 saw a 2.8% drop in total income to ₹4035 Cr and EBITDA down 38.7% to ₹175 Cr, hit by weak volumes and inflation. Management approved selling two subsidiaries for ₹70 Cr to focus on core areas. Inventory correction and discounting improved efficiency but squeezed margins. Strategic priorities for FY26 include luxury vehicles, electric mobility, service-led growth, and operational discipline targeting stronger recovery and sustainable growth.