Quarterly Result10 Feb 2026, 07:11 pm
Popular Vehicles & Services Q3FY26: New Vehicles Volume Up 44%, Total Income at Rs. 1,791.8 crs
AI Summary
Popular Vehicles & Services Limited (PVSL) has reported its unaudited financial results for the quarter & nine months ended 31st December 2025. The company saw a significant increase in new vehicles volume and total income. However, service volumes saw a moderation. The growth in volumes was supported by improving demand environment and addition & integration of Punjab operations. The company also expanded its network with new touchpoints and distributorships.
Key Highlights
- New Vehicles volume stood at 16,023 units; up 44% on Y-o-Y basis
- Total Income stood at Rs. 1,791.8 crs; up 31% on Y-o-Y basis
- Growth in volumes supported by improving demand environment and addition & integration of Punjab operations
- Expanded network with new touchpoints and distributorships
- EV two-wheeler penetration continues to increase rapidly, with Ather gaining strong market share