Popular Vehicles and Services Ltd Reports Q4FY25 Business Update: Revenue Decline, Segment-Wise Performance Variations, and Network Expansion
Popular Vehicles and Services Ltd, a prominent automobile company, has released its business update for the quarter and year ended March 31, 2025. The company's total revenue from operations decreased by approximately 3% in Q4FY25 and 1% in FY25. The luxury car segment showed growth, while the CV and PV segments (excluding luxury) experienced a decline. The total number of vehicles sold decreased by 7% in Q4FY25 and 5% in FY25. The company is expanding its network with a new 3S facility in Bangalore and two spare parts outlets in Tamil Nadu. Popular Vehicles and Services Ltd received awards and recognitions, including 1 silver and 2 bronze medals at the National Level Annual Service Excellence Championship and the second place in JLR’s All-India Q4 performance rankings. The company has also managed to reduce inventory levels and debt levels, which is expected to improve profitability in the upcoming fiscal year.
Key Highlights
- Total revenue from operations decreased by approximately 3% in Q4FY25 and 1% in FY25.
- Luxury car segment grew by ~25% in Q4FY25 and ~30% in FY25.
- CV segment de-grew by ~6% in Q4FY25 and ~3% in FY25.
- PV segment (excluding luxury) de-grew by ~6% in Q4FY25 and ~4% in FY25.
- Network expansion with a new 3S facility in Bangalore and two spare parts outlets in Tamil Nadu.
- Received awards and recognitions, including 1 silver and 2 bronze medals and the second place in JLR’s All-India Q4 performance rankings.
- Inventory levels and debt levels have been reduced, expected to improve profitability.