Mumbai, 28th October 2025: PDS Limited, the global supply chain solutions company offering customized solutions to global brands and retailers across services like product development, sourcing, manufacturing, and brand management, announced its consolidated financial results for the quarter and half year ended September 30, 2025.

Consolidated Financial Results Q2FY26 and H1FY26:

(INR in crs, unless mentioned otherwise) Particulars Q2 FY26 Q1 FY26 Growth H1 FY26 H1 FY25 Growth
Gross Merchandise Value 5,467 4,634 18% 10,101 9,335 8%
Revenue from Operations 3,419 2,999 14% 6,419 5,927 8%
Gross Profit 680 582 17% 1,262 1,193 6%
EBITDA 103 51 104% 154 213 -31%
PAT 48 20 142% 68 116 -41%

Commenting on the results, Pallak Seth, Executive Vice Chairman said, “Our results demonstrate that sustainable growth is achieved through focus, efficiency, and disciplined execution. Our growth journey is centered on strengthening and expanding the potential of our existing businesses and partnerships, with no new investments at this stage. By sharpening our focus on execution, leveraging synergies, and fostering collaboration across our global network, we are building a stronger, more efficient, and purpose-driven PDS — one that grows sustainably and responsibly while upholding the highest standards of governance. “

Sanjay Jain, Group CEO, further added “We continue towards our commitment of building a resilient, cost-efficient PDS. Our focus remains on driving operational excellence across our core business verticals, which is starting to show in our results, with optimized working capital and reduced net debt levels. By focusing on high-impact areas and streamlining underperforming verticals, we are enabling responsible growth and building a future-ready organization scaling towards enhancing profitability.”

Business Highlights

  • Order Book: INR 5,308 crore as of early October 2025  up 15 percent YoY, indicating steady business momentum amid global macroeconomic headwinds.
  • Working Capital Efficiency: Net working capital days improved from 17 days (March 2025) to 6 days (September 2025), driving cash flow from operations of INR 593 crore.
  • Dividend: The Board of Directors approved an interim dividend of INR 1.65 per share, consistent with last