Popular Vehicles & Services Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

1,785.36

1,530.38

1,310.90

1,372.36

1,364.67

1,512.75

1,291.45

Other Operating Income

0.00

Total Operating income

1,785.36

1,530.38

1,310.90

1,372.36

1,364.67

1,512.75

1,291.45

Raw Material Cost

0.00

Purchase of Finished goods

1,408.65

1,397.80

1,147.64

1,219.61

1,039.05

1,343.03

1,175.21

(Increase) / Decrease In Stocks

154.90

-77.75

-23.32

-32.93

137.27

-41.34

-79.69

Employee Cost

106.47

100.32

99.00

97.37

97.85

96.22

95.65

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

63.54

64.77

54.35

62.49

59.87

61.21

55.30

Total Expenditure (Excl Depreciation)

1,733.56

1,485.14

1,277.67

1,346.54

1,334.04

1,459.12

1,246.47

Operating Profit (PBDIT) excl Other Income

51.80

45.24

33.23

25.82

30.63

53.63

44.98

Other Income

6.43

4.18

5.07

3.88

3.94

5.56

6.99

Operating Profit (PBDIT)

58.23

49.42

38.30

29.70

34.57

59.19

51.97

Interest

27.80

25.67

22.59

20.58

22.78

22.26

19.96

Exceptional Items

-1.64

15.29

0.00

Gross Profit (PBDT)

28.79

39.04

15.71

9.12

11.79

36.93

32.01

Depreciation

35.43

27.38

26.81

25.33

24.68

25.07

23.72

Profit Before Tax

-6.64

11.66

-11.11

-16.21

-12.89

11.86

8.29

Tax

-7.31

11.09

-2.35

-2.49

-3.13

4.29

2.84

Provisions and contingencies

0.00

Profit After Tax

0.67

0.57

-8.76

-13.72

-9.76

7.57

5.45

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

0.67

0.57

-8.76

-13.72

-9.76

7.57

5.45

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

0.67

0.57

-8.76

-13.72

-9.76

7.57

5.45

Equity Capital

14.24

Face Value

2.0

Reserves

0.00

Earnings per share (EPS)

0.09

0.08

-1.23

-1.93

-1.37

1.06

0.77

Diluted Earnings per share

0.09

0.08

-1.23

-1.93

-1.37

1.06

0.77

Operating Profit Margin (Excl OI)

2.9%

2.96%

2.53%

1.88%

2.24%

3.55%

3.48%

Gross Profit Margin

1.61%

2.55%

1.2%

0.66%

0.86%

2.44%

2.48%

PAT Margin

0.04%

-0.67%

-1.0%

-0.72%

0.5%

0.42%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Dec 2025 is 16.66% vs 16.74% in Sep 2025

Consolidate Net Profit

QoQ Growth in quarter ended Dec 2025 is 17.54% vs 106.51% in Sep 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Dec 2025 is 14.50% vs 36.14% in Sep 2025

Interest

QoQ Growth in quarter ended Dec 2025 is 8.30% vs 13.63% in Sep 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025

Compare Quarterly Results Of Popular Vehicles With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

1,785.36

230.86

1,554.50

673.35%

Other Operating Income

0.00

Total Operating income

1,785.36

230.86

1,554.50

673.35%

Raw Material Cost

0.00

152.06

-152.06

-100.00%

Purchase of Finished goods

1,408.65

0.00

1,408.65

(Increase) / Decrease In Stocks

154.90

10.41

144.49

1,387.99%

Employee Cost

106.47

20.31

86.16

424.22%

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

63.54

19.81

43.73

220.75%

Total Expenditure (Excl Depreciation)

1,733.56

202.59

1,530.97

755.70%

Operating Profit (PBDIT) excl Other Income

51.80

28.27

23.53

83.23%

Other Income

6.43

0.54

5.89

1,090.74%

Operating Profit (PBDIT)

58.23

28.81

29.42

102.12%

Interest

27.80

2.72

25.08

922.06%

Exceptional Items

-1.64

-1.38

-0.26

-18.84%

Gross Profit (PBDT)

28.79

24.71

4.08

16.51%

Depreciation

35.43

4.69

30.74

655.44%

Profit Before Tax

-6.64

20.02

-26.66

-133.17%

Tax

-7.31

5.44

-12.75

-234.38%

Provisions and contingencies

0.00

Profit After Tax

0.67

14.58

-13.91

-95.40%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

0.67

14.58

-13.91

-95.40%

Share in Profit of Associates

0.00

Minority Interest

0.00

-0.77

0.77

100.00%

Other related items

0.00

Consolidated Net Profit

0.67

15.35

-14.68

-95.64%

Equity Capital

14.24

13.88

0.36

2.59%

Face Value

2.00

5.00

0.00

Reserves

0.00

Earnings per share (EPS)

0.09

5.53

-5.44

-98.37%

Diluted Earnings per share

0.09

5.52

-5.43

-98.37%

Operating Profit Margin (Excl OI)

2.90%

12.48%

0.00

-9.58%

Gross Profit Margin

1.61%

10.91%

0.00

-9.30%

PAT Margin

0.04%

6.44%

0.00

-6.40%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 1,785.36 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 16.66% vs 16.74% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 30.83% vs -3.68% in Dec 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 0.67 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 17.54% vs 106.51% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 106.86% vs -161.31% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 51.80 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 14.50% vs 36.14% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 69.12% vs -49.89% in Dec 2024

Quarterly - Interest

Interest 27.80 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 8.30% vs 13.63% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 22.04% vs -17.16% in Dec 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 2.90%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024