PDS Limited achieves highest-ever quarterly GMV in FY25 Q2

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.

“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.”