ALFA Filings
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Popular Vehicles and Services Ltd is renewing corporate guarantees totaling ₹48.50 Crore in favour of State Bank of India for its two wholly-owned subsidiaries.
Popular Vehicles and Services Ltd announced the re-appointment of Mr. John K. Paul and the appointment of Mr. Paul Francis Kuttukaran as directors following its 42nd AGM.
Popular Vehicles and Services Ltd has appointed M/s. MSKA & Associates LLP as its statutory auditor for a five-year term, approved at the 42nd AGM.
Popular Vehicles and Services Ltd issued a corrigendum to its 42nd AGM notice. The update includes additional disclosures regarding the proposed appointment of M/s. MSKA & Associates LLP as statutory auditors.
Q1FY27 revenue grew 44.1% YoY to ₹1,889.6 Cr with EBITDA up 86.6%. Strategy focuses on geographical diversification beyond Kerala and higher-margin services/spare parts segments.
Popular Vehicles and Services released its Q1FY27 investor update, reporting a total income of ₹1,903.1 Crore and an EBITDA of ₹71.5 Crore for the quarter.
Popular Vehicles and Services Ltd reported revenue from operations of ₹1,890 Cr (+44.1% YoY) and net profit of ₹1.4 Cr for Q1 FY27.