PDS Posts Record Q2 Revenue Of Rs 4,432 Crore
PDS Ltd reported its highest-ever quarterly revenue of Rs 4,432 crore in Q2 FY27, up 29.6% year-on-year and 28.7% over the preceding quarter, supported by growth across categories and markets.
Consolidated EBITDA rose 48.7% year-on-year to Rs 153 crore, with the EBITDA margin improving to 3.5% from 3.0%. Profit after tax increased 44.2% to Rs 70 crore. Compared with Q1 FY27, EBITDA grew 59.3%, while PAT rose 144.4%.
For the first half of FY27, revenue increased 22.7% to Rs 7,876 crore. EBITDA grew 62.3% to Rs 249 crore, with the margin expanding to 3.2% from 2.4%. PAT rose 43.8% to Rs 98 crore.
“Q2 FY27 marks a defining quarter for PDS, with our highest-ever quarterly revenue delivered alongside margin expansion. H1 reflects broad-based double-digit growth across categories, with North America up ~44% as our strategic initiatives gain traction,” said Pallak Seth, Executive Vice Chairman.
Seth said the company’s growth strategy centres on acquiring customers and expanding relationships across categories, geographies and services, supported by its diversified sourcing network and end-to-end capabilities.
PDS strengthened its balance sheet to a net cash positive position of Rs 154 crore and improved net working capital to negative five days. It also declared an interim dividend of Rs 2.20 per share, up 33% from the previous year.
“We are making steady progress in taking our newer investments towards profitability, and portfolio rationalization is on track. In parallel, we have begun executing our digital and AI transformation roadmap, which will redefine how we operate across the value chain,” said Sanjay Jain, Group CEO.
The company expects these initiatives to improve productivity, operating leverage and capital allocation, supporting sustainable, profitable growth.
