PDS Ltd Posts Growth Of 24% In Revenue And 34% In PAT In Q1 FY25
PDS Ltd, a global fashion solutions and infrastructure company, announced its financial results for Q1 FY25. The company offers customized solutions to global brands and retailers, including product development, sourcing, manufacturing, and brand management.
The company recorded a 28% increase in Gross Merchandise Value (GMV) to Rs 3,898 crore, translating to a 24% rise in revenue from operations to Rs 2,621 crore year-on-year (YoY).
Gross profit grew by 38% to Rs 545 crore, while profit after tax (PAT) saw a 34% increase to Rs 31 crore. The order book remained robust at US$ 576 million, reflecting a 24% growth from the previous year.
The company also highlighted its successful expansion in the US market with the onboarding of a new fast fashion business.
Pallak Seth, Executive Vice Chairman, commented, “PDS has been actively adapting its strategies to meet evolving market demands and varied consumer trends. We are pleased to witness growth across geographies and resume our expansion in the US region.”
Sanjay Jain, Group CEO, added, “We are pleased with the strong start to FY25, reflecting the effectiveness of our strategic initiatives. Our order book remains robust, demonstrating significant growth over the previous year.”
