Popular Vehicles provides Q4 and FY26 business update with 69% YoY revenue growth in Q4 and 15% for FY26 on a consolidated basis.
New vehicle volume sales grew 44% YoY in Q4FY26, while luxury PV segment declined due to an OEM cyber-attack.
Company expanded network with new service centers and touchpoints, but acquisitions led to higher debt levels and IndAS adjustments impacted profitability.
Wholly owned subsidiary PMMPL received multiple awards from Tata Motors for Q4FY26 performance in the South Zone.