PDS reports mixed Q1 results amid profit decline
PDS Limited reported 14% revenue growth to ₹2,999 crore for Q1 FY26, with GMV rising 19% to ₹4,634 crore. However, profit after tax declined 36% to ₹20 crore due to market disruptions affecting gross margins.
Cash flow from operations improved significantly to ₹256 crore from an outflow of ₹37 crore in FY25. The company is implementing cost optimization measures expected to save ₹30 crore for FY26.
The Knit Gallery acquisition contributed ₹30.3 crore in revenue and strengthens manufacturing capabilities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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