Global fashion infrastructure platform PDS Limited has reported a 28% increase in gross merchandise value handled, translating into 24% year on year topline growth in the first quarter of the 2025 financial year. The business also saw its profits after tax increase by 34% during the same period.
“PDS has been actively adapting its strategies to meet evolving market demands in response to varied consumer trends,” said PDS Limited’s executive vice chairman Pallak Seth in a press release. “We are pleased to witness growth across geographies and to resume our trajectory of expansion in the US region. Our focus remains on leveraging our global sourcing network and expertise to address the dynamic demands of the American fashion industry.”
The business’ revenue from operations totalled Rs 2,621 crore in the first quarter of the 2025 financial year. Its gross profit reached Rs 545 crore during the quarter, compared to Rs 395 crore in the first quarter of the 2024 fiscal year.
“We are pleased with the strong start to FY25, reflecting the effectiveness of our strategic initiatives,” said PDS Limited’s group CEO Sanjay Jain. “Our order book remains robust, demonstrating significant growth over the previous year. The ongoing expansion of our gross margins underscores our focus on value-accretive businesses. Our concerted efforts to enhance operating efficiency and prioritise working capital management have delivered positive outcomes, reinforcing our commitment to sustainable growth.”
PDS Limited has a network of 90 offices in 22 countries. The business is listed on the Bombay Stock Exchange and National Stock Exchange of India.
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