Global fashion infrastructure platform PDS Limited has accounted a 28 per cent rise in gross merchandise value handled, ensuing in a 24 per cent year-on-year growth in revenue for the first quarter of the FY2025. Moreover, the company’s profits after tax raised by 34 per cent during the same period.
In a recent press release, Pallak Seth, Executive VC of PDS Limited, shared, “The Company has been changing its strategy in response to shifting market demands and varied consumer trends. We are satisfied to see growth across different regions and are eager to continue our expansion efforts in the US market. Our emphasis remains on using our global sourcing network and knowledge to meet the growing needs of the American fashion industry.”
For the initial quarter of the 2025 financial year, PDS Limited accounted revenues from operations of Rs. 2,621 crore, having a gross profit of Rs. 545 crore. This in comparison to Rs. 395 crore in gross profit for the same period in FY 2024.
Group CEO Sanjay Jain shared satisfaction with the robust performance at the opening of FY ’25, crediting it to the success of their strategic initiatives. “Our order book is strong, showing major growth from last year. The growth of our gross margins showcases our focus on value-driven business practices. Our efforts to better operational efficiency and supervise working capital effectively have shown positive results, strengthening our pledge to sustainable growth.”
PDS Limited runs with a network of 90 offices around 22 countries and is listed on both the Bombay Stock Exchange and the National Stock Exchange of India.
