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Popular Vehicles and Services Ltd is renewing corporate guarantees totaling ₹48.50 Crore in favour of State Bank of India for its two wholly-owned subsidiaries.
Q1FY27 revenue grew 44.1% YoY to ₹1,889.6 Cr with EBITDA up 86.6%. Strategy focuses on geographical diversification beyond Kerala and higher-margin services/spare parts segments.
Popular Vehicles and Services Ltd reported revenue from operations of ₹1,890 Cr (+44.1% YoY) and net profit of ₹1.4 Cr for Q1 FY27.
Popular Vehicles reported Q4 FY26 revenue growth of 28% and FY26 growth of 15%. Management is focusing on non-Kerala expansion, luxury segments (Audi/JLR), and high-margin service business following a year of recovery and strategic acquisitions.
Popular Vehicles reported Q4FY26 revenue growth of ~28% YoY, driven by CV and EV segments and strategic acquisitions in Punjab and Telangana.
Popular Vehicles and Services Ltd reported revenue from operations of ₹1,754 Cr (+27.8% YoY) and a net loss of ₹5 Cr for Q4 FY26.