Quarterly Result29 May 2025, 11:22 pm
Popular Vehicles & Services Ltd Reports FY25 Consolidated Results with Revenue Down 1.5%
AI Summary
Popular Vehicles & Services Ltd, a leading automotive dealership player in India, has reported its audited financial results for the quarter and full year ended 31st March 2025. The company's total income stood at Rs. 5,561.6 Crs, down 1.5% on a Y-o-Y basis. EBITDA stood at Rs. 175.4 Crs with margins at 3.2%. PBT stood at Rs. -8.9 Crs. The company faced challenges due to muted consumer sentiment, a challenging macroeconomic environment, and subdued festive season sales. However, they continued to expand their market presence and deepen their reach in strategic regions.
Key Highlights
- Total income down 1.5% on a Y-o-Y basis
- EBITDA margins at 3.2%
- Muted consumer sentiment and challenging macroeconomic environment
- Network expansion in Maharashtra, Kerala, Tamil Nadu, and Karnataka
- Divestment of 100% Equity stake in Vision Motors Private Limited and Kuttukaran Green Private Limited