FilingReader Intelligence

Popular Vehicles reports Q1 loss despite revenue growth

August 16, 2025 at 06:59 AM UTCBy FilingReader AI

Popular Vehicles and Services Limited reported total income of INR 1,316 crore for Q1FY26, up 1.3% year-on-year, but swung to a pre-tax loss of INR 11.1 crore.

Service revenue grew 4.5% annually and 2-wheeler electric vehicle volumes doubled. The company expanded with new Ather facilities in Karnataka and Tamil Nadu, plus BharatBenz dealership expansion into Punjab.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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