POPULAR VEHICLES : BUSINESS UPDATE SHOWS 40% YOY REVENUE GROWTH IN Q2FY27

• Total revenue from operations up ~40% YoY in Q2FY27; organic growth 26% • H1FY27 total revenue up ~46% YoY; organic growth 29% • New vehicle volume sales up 51% YoY in Q2FY27 (organic 28%); H1FY27 up 67% (organic 41%) • Q2FY27 segment revenue: PV ex-luxury up 46%, luxury PV up 53%, CV up 28%, EV and spare parts distribution up 43% • Yanik B2B spare-parts marketplace run by ZPAREX Digisolutions, a step-down subsidiary, began full-scale commercial operations with 13,000+ verified parts • New vehicle inventory ~41 days v 44 days a year ago; debt rose sequentially on inventory build ahead of 1 October manufacturer price hikes

Popular Vehicles and Services Ltd

Open attachment

← Back to feed