Quarterly Result19 Jan 2026, 05:31 pm
Popular Vehicles and Services Ltd Reports Q3 FY26 Business Update with 50% YoY Growth in New Vehicle Volume Sales
AI Summary
Popular Vehicles and Services Ltd, a leading automobile company, has released its Q3 FY26 Business Update, highlighting a 50% YoY growth in new vehicle volume sales and a 17% YoY growth in IMFY26. The PV segment, including entry-level and premium vehicles, showed robust growth of 35% and 30% respectively. Inventory days have reduced to ~37 compared to ~44 last year. The company is expanding its network with new touchpoints and acquiring AUDI Dealership businesses. Popular Mega Motors (India) Pvt Ltd and Popular Auto Dealers Pvt Ltd have received multiple awards and recognitions in Q3 FY26. The financial results of Q3FY26 are subject to review by Auditors.
Key Highlights
- 50% YoY growth in new vehicle volume sales in Q3 FY26
- Strong demand in the entry-level segment (35% YoY growth)
- Premium vehicle segment grew by over 30% YoY
- Network expansion with new touchpoints and acquired AUDI Dealership businesses
- Multiple awards and recognitions for Popular Mega Motors (India) Pvt Ltd and Popular Auto Dealers Pvt Ltd