Are Popular Vehicles latest results good or bad?
Popular Vehicles & Services reported poor financial results for June 2025, with a Profit Before Tax of Rs -16.18 crore and a Profit After Tax of Rs -8.76 crore, both significantly worse than previous quarters, alongside a 5.4% decline in net sales. Overall, the company's performance indicates ongoing financial struggles.
Popular Vehicles & Services has reported its financial results for the quarter ending June 2025, revealing notable challenges in its performance. The Profit Before Tax (PBT) for this quarter was recorded at Rs -16.18 crore, which represents a significant decline compared to the average PBT of Rs -7.33 crore over the previous four quarters. This trend indicates ongoing difficulties for the company.Additionally, the Profit After Tax (PAT) also reflected a sharp decline, with a figure of Rs -8.76 crore, marking a considerable drop from the average PAT of Rs -2.62 crore in the prior four quarters. This further emphasizes the financial struggles faced by Popular Vehicles.
In terms of sales, the company reported net sales of Rs 1,310.90 crore, which is a decrease of 5.4% compared to the average net sales of Rs 1,385.31 crore over the last four quarters.
Moreover, the quarterly results indicate a net sales QoQ change of -4.48% compared to the previous quarter, while the consolidated net profit showed a QoQ growth of 36.15%. The operating profit margin (excluding other income) was reported at 2.53%, reflecting a change of 0.65%.
Overall, the financial data suggests a negative trend across key performance metrics for Popular Vehicles & Services, and the company saw an adjustment in its evaluation in light of these results.
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