Categories: Fashion

PDS Limited achieves highest-ever quarterly GMV in FY25 Q2

Published



October 31, 2024

Global fashion solutions and infrastructure business PDS Limited achieved its highest ever gross merchandise value of Rs 5,437 crore in the second quarter of the 2025 financial year. The company also reported its highest sales total during the quarter, representing 26% quarter on quarter growth.

Screenshot from PDS Limited’s website – PDS Limited

“As evident from our recent performance, we are back on track to achieve our long-term targets,” said PDS Limited’s executive vice chairman Pallak Seth in a press release. “During the quarter, we have witnessed strong growth across geographies, categories and service offering for our key customers. In the short term, steady interest rates and easing inflation across geographies increases our optimism. We remain vigilant, ready to adapt and refine our approach to stay resilient and responsive in a dynamic landscape.”
 
PDS Limited’s normalised earnings before interest, tax, depreciation, and amortisation totalled Rs 185 crore in the second quarter of the 2025 financial year, representing 52% growth and a margin of 6%. The business also saw its normalised profits after tax increase by 62% to total Rs 131 crore and expects to see this growth momentum continue.
 
“We’re thrilled at our growth trajectory which is a testament to the impact of our strategic initiatives and resilience of our business model,” said Group CEO Sanjay Jain. “Our expanding order book is a clear indicator of the momentum we are building. We anticipate continued profitability enhancements in the coming quarters, fuelled by operating leverage, new verticals reaching scale and unlocking growth potential, along with capitalising on strategic synergies. Our recent progress underscores our commitment to delivering sustainable, long-term profitable growth.” 

Copyright © 2024 FashionNetwork.com All rights reserved.

News Today

Recent Posts

Kareena Kapoor’s Next Untitled Film With Meghna Gulzar Gets Prithviraj Sukumaran On Board

Kareena Kapoor is working with Raazi director Meghna Gulzar for her next film. The project,…

2 weeks ago

Purdue basketball freshman Daniel Jacobsen injured vs Northern Kentucky

2024-11-09 15:00:03 WEST LAFAYETTE -- Daniel Jacobsen's second game in Purdue basketball's starting lineup lasted…

2 weeks ago

Rashida Jones honors dad Quincy Jones with heartfelt tribute: ‘He was love’

2024-11-09 14:50:03 Rashida Jones is remembering her late father, famed music producer Quincy Jones, in…

2 weeks ago

Nosferatu Screening at Apollo Theatre Shows Student Interest in Experimental Cinema – The Oberlin Review

2024-11-09 14:40:03 A silent German expressionist film about vampires accompanied by Radiohead’s music — what…

2 weeks ago

What Are Adaptogens? Find Out How These 3 Herbs May Help You Tackle Stress Head-On

Let's face it - life can be downright stressful! With everything moving at breakneck speed,…

2 weeks ago

The new Mac Mini takes a small step towards upgradeable storage

Apple’s redesigned Mac Mini M4 has ditched the previous M2 machine’s SSD that was soldered…

2 weeks ago