PDS Limited reports 42.7% increase in Q1 profit

PDS Limited has reported strong financial results for the first quarter of fiscal year 2026-27, characterized by double-digit growth. The company’s revenue increased by 14.8% year-on-year, while profit after tax (PAT) rose by 42.7%. Gross Merchandise Value (GMV) grew 11.1% to INR 5,146 crore, and the order book expanded by 23% to INR 6,095 crore.

The company also reported significant improvements to its balance sheet, including a 73% reduction in net debt to INR 29 crore and improved net working capital. PDS has secured new strategic mandates with Family Dollar and Pentland Brands, representing a combined annual business potential of US$330 million, and has partnered with Busana Apparel Group to bolster manufacturing capabilities.