PVSL Q1 FY27 results at a glance
POPULAR VEHICLES N SER L Q1 FY27 key results metrics| Quarter | Q1 FY27 |
|---|
| Quarter ended | 30 Jun 2026 |
|---|
| Revenue | ₹1,890 cr |
|---|
| Revenue YoY | +44.1% |
|---|
| Operating profit | ₹23.15 cr |
|---|
| Operating margin | 1.2% |
|---|
| Net profit | ₹1.37 cr |
|---|
| Net profit YoY | +115.6% |
|---|
| Net profit QoQ | +127.6% |
|---|
| Net margin | 0.1% |
|---|
| Basic EPS | ₹0.19 |
|---|
| TTM revenue | ₹6,960 cr |
|---|
| TTM net profit | -₹2.35 cr |
|---|
| TTM net margin | -0.0% |
|---|
PVSL Q1 FY27 results: what the numbers say
POPULAR VEHICLES N SER L (PVSL) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹1,890 cr and a net profit of ₹1.37 cr, translating into earnings per share of ₹0.19.
Compared with the same quarter a year earlier, revenue grew strongly by +44.1% and net profit grew sharply by +115.6%. Profit rising faster than revenue points to better cost control or operating leverage flowing through the P&L.
Operating profit for the quarter stood at ₹23.15 cr, an operating margin of 1.2% versus 0.7% a year ago — a gain of 0.5 percentage points.
PVSL quarter-wise results table
Revenue
₹1,890 cr
+44.1% YoY
Net profit
₹1.37 cr
+115.6% YoY
Operating profit
₹23.15 cr
+137.0% YoY
POPULAR VEHICLES N SER L (PVSL) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|
| Q1 FY272026-06-30 | ₹1,890 cr | ₹23.15 cr | ₹1.37 cr | 1.2% | 0.1% | ₹0.19 | +115.6% | +127.6% |
| Q4 FY262026-03-31 | ₹1,755 cr | ₹15.96 cr | -₹4.96 cr | 0.9% | -0.3% | ₹-0.70 | — | -837.5% |
| Q3 FY262025-12-31 | ₹1,785 cr | ₹16.56 cr | ₹0.67 cr | 0.9% | 0.0% | ₹0.09 | — | +17.7% |
| Q2 FY262025-09-30 | ₹1,530 cr | ₹19.57 cr | ₹0.57 cr | 1.3% | 0.0% | ₹0.08 | — | +106.5% |
| Q1 FY262025-06-30 | ₹1,311 cr | ₹9.77 cr | -₹8.76 cr | 0.7% | -0.7% | ₹-1.23 | — | — |
| TTM (last 4 quarters) | ₹6,960 cr | ₹75.23 cr | -₹2.35 cr | 1.1% | -0.0% | ₹-0.34 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
PVSL quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
POPULAR VEHICLES N SER L quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 |
|---|
| Revenue / Sales | ₹1,890 cr | ₹1,755 cr | ₹1,785 cr | ₹1,530 cr | ₹1,311 cr |
|---|
| Total expenses | ₹1,866 cr | ₹1,739 cr | ₹1,769 cr | ₹1,511 cr | ₹1,301 cr |
|---|
| Gross profit | ₹243 cr | ₹222 cr | ₹222 cr | ₹210 cr | ₹187 cr |
|---|
| Operating profit (EBIT) | ₹23.15 cr | ₹15.96 cr | ₹16.56 cr | ₹19.57 cr | ₹9.77 cr |
|---|
| Operating margin | 1.2% | 0.9% | 0.9% | 1.3% | 0.7% |
|---|
| Interest cost | ₹30.08 cr | ₹27.22 cr | ₹27.8 cr | ₹25.67 cr | ₹22.59 cr |
|---|
| Profit before tax | ₹1.86 cr | -₹7.21 cr | -₹6.64 cr | ₹11.66 cr | -₹11.11 cr |
|---|
| Tax expense | ₹0.5 cr | -₹2.26 cr | -₹7.31 cr | ₹11.09 cr | -₹2.35 cr |
|---|
| Effective tax rate | 26.6% | 31.3% | 110.1% | 95.1% | 21.2% |
|---|
| Net profit (PAT) | ₹1.37 cr | -₹4.96 cr | ₹0.67 cr | ₹0.57 cr | -₹8.76 cr |
|---|
| Net profit margin | 0.1% | -0.3% | 0.0% | 0.0% | -0.7% |
|---|
| Basic EPS | ₹0.19 | ₹-0.70 | ₹0.09 | ₹0.08 | ₹-1.23 |
|---|
| Diluted EPS | ₹0.19 | ₹-0.70 | ₹0.09 | ₹0.08 | ₹-1.23 |
|---|
PVSL results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|
| Revenue YoY | +44.1% | — | — | — | — |
|---|
| Revenue QoQ | +7.7% | -1.7% | +16.7% | +16.7% | — |
|---|
| Operating profit YoY | +137.0% | — | — | — | — |
|---|
| Operating profit QoQ | +45.1% | -3.6% | -15.4% | +100.3% | — |
|---|
| Net profit YoY | +115.6% | — | — | — | — |
|---|
| Net profit QoQ | +127.6% | -837.5% | +17.7% | +106.5% | — |
|---|
| EPS YoY | +115.4% | — | — | — | — |
|---|
| EPS QoQ | +127.1% | -877.8% | +12.5% | +106.5% | — |
|---|
PVSL annual results history
Full-year performance for POPULAR VEHICLES N SER L, useful for reading each quarter in context.
POPULAR VEHICLES N SER L annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|
| Revenue / Sales | ₹6,142 cr | ₹5,327 cr | ₹5,372 cr | ₹4,670 cr |
|---|
| Total expenses | ₹6,150 cr | ₹5,328 cr | ₹5,266 cr | ₹4,580 cr |
|---|
| Gross profit | ₹594 cr | ₹551 cr | ₹578 cr | ₹494 cr |
|---|
| Operating profit (EBIT) | -₹7.69 cr | -₹1.61 cr | ₹105 cr | ₹90.57 cr |
|---|
| Operating margin | -0.1% | -0.0% | 2.0% | 1.9% |
|---|
| Interest cost | ₹98.25 cr | ₹76.05 cr | ₹94.86 cr | ₹68.28 cr |
|---|
| Profit before tax | -₹13.3 cr | -₹8.95 cr | ₹97.72 cr | ₹84.87 cr |
|---|
| Tax expense | -₹0.83 cr | ₹1.52 cr | ₹21.64 cr | ₹20.79 cr |
|---|
| Effective tax rate | 6.2% | -16.9% | 22.1% | 24.5% |
|---|
| Net profit (PAT) | -₹12.47 cr | -₹10.46 cr | ₹76.08 cr | ₹64.07 cr |
|---|
| Net profit margin | -0.2% | -0.2% | 1.4% | 1.4% |
|---|
| Basic EPS | ₹-1.75 | ₹-1.47 | ₹12.05 | ₹9.00 |
|---|
| Diluted EPS | ₹-1.75 | ₹-1.47 | ₹12.05 | ₹9.00 |
|---|
Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹1,890 cr against ₹1,311 cr in Q1 FY26, and ₹1,755 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +7.7%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹1,866 cr, or 98.8% of revenue, with operating profit grew +137.0% year on year.
Margins, tax and profitability
Net profit of ₹1.37 cr works out to a net margin of 0.1% compared with -0.7% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.
Below the operating line, POPULAR VEHICLES N SER L reported profit before tax of ₹1.86 cr, a tax charge of ₹0.5 cr (effective rate 26.6%), interest cost of ₹30.08 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from -₹4.96 cr in Q4 FY26 to ₹1.37 cr in Q1 FY27, a change of +127.6%.
Trailing twelve months and annual context
Across the trailing four quarters POPULAR VEHICLES N SER L has generated revenue of ₹6,960 cr and net profit of -₹2.35 cr, a trailing net margin of -0.0%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹6,142 cr with net profit of -₹12.47 cr and EPS of ₹-1.75, versus the prior year where revenue grew +15.3% and profit declined -19.2%.
What to watch in the next PVSL quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
POPULAR VEHICLES N SER L has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
PVSL results coverage
No results report published for PVSL yet — our desk covers each quarter within minutes of the filing.
PVSL quarterly results FAQs
What were POPULAR VEHICLES N SER L (PVSL) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), POPULAR VEHICLES N SER L reported revenue of ₹1,890 cr and net profit of ₹1.37 cr, a change of +115.6% year on year on +44.1% revenue growth. EPS stood at ₹0.19.
What is PVSL profit margin in Q1 FY27?
POPULAR VEHICLES N SER L posted a net profit margin of 0.1% and an operating margin of 1.2% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹6,960 cr and net profit -₹2.35 cr.
Did PVSL results beat the previous quarter?
POPULAR VEHICLES N SER L net profit changed +127.6% quarter on quarter, from -₹4.96 cr in Q4 FY26 to ₹1.37 cr in Q1 FY27.
When are POPULAR VEHICLES N SER L (PVSL) quarterly results?
POPULAR VEHICLES N SER L has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see PVSL latest quarterly results?
Results coverage for PVSL will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the PVSL stock page.
What is POPULAR VEHICLES N SER L annual revenue and profit?
For FY26, POPULAR VEHICLES N SER L reported full-year revenue of ₹6,142 cr and net profit of -₹12.47 cr, with EPS of ₹-1.75.
How many quarterly results has PVSL declared recently?
Past results dates for PVSL will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
