Popular Vehicles Q1 FY27 Results: Revenue ₹19,031 Crore, Net Profit ₹13.66 Crore
Popular Vehicles and Services Limited reported consolidated revenue of ₹19,031 crore and a profit after tax of ₹13.66 crore for Q1 FY27. Standalone results showed a loss after tax of ₹65.84 crore. The Board of Directors approved these results on August 11, 2026.
The announcement of quarterly financial results is a material event for investors and impacts the company's valuation and stock performance. The positive consolidated results suggest a medium impact.
The consolidated results show a significant increase in revenue and a return to profitability compared to the previous year's first quarter, indicating positive business performance.
Popular Vehicles and Services Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors, in their meeting held on August 11, 2026, approved these results.
On a consolidated basis, the company reported total income of ₹19,031.04 crore for the quarter, a significant increase from ₹13,159.64 crore in the same period last year. Expenses amounted to ₹19,012.42 crore. The company posted a profit before tax of ₹18.62 crore and a profit after tax of ₹13.66 crore for the quarter. Total comprehensive income for the period was a loss of ₹0.85 crore.
Standalone financial results showed total income of ₹9,324.79 crore and a loss after tax of ₹65.84 crore for the first quarter ended June 30, 2026. Total comprehensive loss for the period was ₹77.45 crore.
The company also reported segment-wise revenue and profits. The 'Passenger cars (excluding Luxury vehicles)' segment generated ₹9,212.41 crore in revenue with a profit before tax of ₹104.94 crore. The 'Luxury vehicles' segment had revenue of ₹1,763.96 crore and a profit before tax of ₹51.98 crore. The 'Commercial vehicles' segment reported revenue of ₹6,707.58 crore and a profit before tax of ₹179.98 crore. The 'Others' segment had revenue of ₹1,211.83 crore and a loss before tax of ₹11.07 crore.
The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors have issued an unmodified limited review report on both the standalone and consolidated financial results.
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Popular Vehicles and Services Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Popular Vehicles and Services Limited. Read the original for the full detail.