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Revenue up 36% YoY, driven by acquisitions and festive demand; EBITDA margins expanding.
Popular Vehicles released Q2FY27 results with Total Income of Rs.2,093.8 Crore, up about 36% YoY. EBITDA reached Rs.77.7 Crore at 3.7% margins.
Q2FY27 revenue Rs2,088.9 Cr (+36% YoY), PAT Rs2.2 Cr vs Rs0.6 Cr, EBITDA margin 3.7%. H1 revenue +39.7%, largely acquisition-led.
Popular Vehicles reconstituted its Stakeholders Relationship and CSR Committees at the 11 November 2026 board meeting. The changes follow John K Paul's board resignation.
Popular Vehicles and Services Ltd reported revenue from operations of ₹2,089 Cr (+36.0% YoY) and net profit of ₹2.2 Cr (+266.7% YoY) for Q2 FY27.
Popular Vehicles seeks shareholder approval by postal ballot to alter its Articles of Association on the company seal. E-voting runs from November 6 to December 5, 2026.
Popular Mega Motors, a wholly owned material subsidiary, saw its statutory auditor R.G.N. Price & Co. resign. The resignation follows the holding company's auditor rotation.
Popular Vehicles will hold a board meeting on 11 November 2026 to approve unaudited half-year results. The trading window closes from 01 October 2026.
Popular Vehicles and Services reported that CRISIL reaffirmed its wholly owned subsidiary's rating at CRISIL A/Stable and CRISIL A1. The reaffirmation is valid until 31 March 2027.
Popular Vehicles and Services Ltd announced its subsidiary Popular Mega Motors (India) Pvt Ltd received a Great Place to Work certification. The award, valid October 2026 to 2027, comes with a 95% Trust Index score.
Popular Vehicles passed a circular resolution approving a routine AOA amendment on the common seal. A postal ballot notice and scrutinizer were also appointed.
Popular Vehicles announces resignation of Mrs. Jarly Manjesh, Head – Group Finance Transformation, effective 21 Jan 2027. No immediate operational impact is indicated.
The company filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.