Popular Vehicles & Services' Q1 FY 2025-26 Quarterly Results

Result Summary

• Popular Vehicles & Services Ltd reported a 4.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 1.3%.
• Its expenses for the quarter were down by 1.8% QoQ and up 2.6% YoY.
• The net profit decreased 143.6% QoQ and decreased 260.7% YoY.
• The earnings per share (EPS) of Popular Vehicles & Services Ltd declined at 1.23 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Popular Vehicles & Services Ltd is a company that operates within the automotive industry. It is primarily engaged in the sale and servicing of vehicles. The company is known for its role as a prominent dealer of various automobile brands, offering a wide range of cars and related services. While specific recent developments within the company are not provided, the automotive industry generally involves trends such as the adoption of electric vehicles, advancements in automotive technology, and shifts in consumer preferences. These trends can influence the operations and financial performance of companies like Popular Vehicles & Services Ltd.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Popular Vehicles & Services Ltd reported a total income of ₹1315.96 crores. This represents a decrease of 4.1% when compared to the preceding quarter (Q4FY25), where the total income was ₹1372.01 crores. However, on a year-over-year basis, there was an increase of 1.3% compared to Q1FY25, when the total income stood at ₹1298.44 crores. These figures reflect the fluctuations in the company's revenue over the respective periods.

Profitability

The company's profitability in Q1FY26 showed a decline, with a reported Profit Before Tax (PBT) of -₹11.11 crores. This is a significant change from Q4FY25, where the PBT was ₹23.86 crores, marking a quarter-over-quarter decrease of 146.6%. On a year-over-year basis, the PBT also decreased by 234.0% compared to Q1FY25, where it was ₹8.29 crores. The Profit After Tax (PAT) for Q1FY26 was -₹8.76 crores, compared to ₹20.11 crores in Q4FY25, representing a decrease of 143.6%. Year-over-year, the PAT fell by 260.7% from ₹5.45 crores in Q1FY25. The Earnings Per Share (EPS) followed a similar trend, with a decline from 3.13 in Q4FY25 to -1.23 in Q1FY26, and from 0.77 in Q1FY25, reflecting a year-over-year decrease of 259.7%.

Operating Metrics

The total expenses for Q1FY26 amounted to ₹1323.72 crores, showing a decrease of 1.8% from Q4FY25, where expenses were ₹1348.44 crores. Year-over-year, there was an increase of 2.6% from Q1FY25, where expenses were ₹1290.15 crores. The tax component for Q1FY26 was -₹2.35 crores, a significant shift from Q4FY25's tax of ₹3.75 crores, reflecting a quarter-over-quarter change of -162.7%. Compared to Q1FY25, where the tax was ₹2.84 crores, there was a year-over-year decrease of 182.7%. These operating metrics highlight the variations in cost structures and tax liabilities for Popular Vehicles & Services Ltd over the reported quarters.