Popular Vehicles and Services Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Popular Vehicles and Services Ltd has announced a board meeting where its Board approved the consolidated financial results for the quarter ended June 30, 2025. Revenue from operations for the quarter stood at Rs 1,310.90 Cr. The company reported a consolidated net loss of Rs 8.76 Cr for the period.

A key strategic update is the ongoing disinvestment of its wholly-owned subsidiary, Kuttukaran Green Private Limited, and step-down subsidiary, Vision Motors Private Limited. These assets, with a value of Rs 125.15 Cr, are now classified as held for sale, following shareholder approval. The sale is expected to be finalized by the first half of FY26.