PDS LIMITED — Earnings Release 2025

May 15, 2025

PDS/SE/2025-26/21

May 15, 2025

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Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1 Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Scrip Symbol: PDSL	Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Scrip Code: 538730

Re: ISIN - INE111Q01021

Sub: Press Release for Financial Statements for the Quarter ended on March 31, 2025.

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press Release titled “ PDS Delivers Strong Q4 & FY25 Results, Reported y-o-y Growth in Topline of 21% & PAT of 19% in FY25 .”

We request you to kindly take the above information on record for the purpose of dissemination to the shareholders.

Thanking you,

Yours faithfully, for PDS Limited

ABHISHEKH Digitally signed by ABHISHEKH KANOI KANOI Date: 2025.05.15 21:52:33 +05'30'

Abhishekh Kanoi Head of Legal & Group Company Secretary ICSI Membership No.: F-9530

Encl.: As above

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PDS Delivers Strong Q4 & FY25 Results Reported y-o-y Growth in Topline of 21% & PAT of 19% in FY25

Mumbai, May 15[th] , 2025 : PDS Limited, the global fashion solutions and infrastructure company offering customized solutions to global brands and retailers across services like product development, sourcing, manufacturing, and brand management, has announced its financial results for Q4 & FY25.

Consolidated Financial ResultsQ4FY25 and FY25: (₹ in crs,unless mentioned otherwise) Particulars Q4 FY25 Q3 FY25 (Q-o-Q) FY25 FY24 (Y-o-Y) Gross Merchandise Value 5,007 4,402 14% 18,744 15,048 25% Revenue from Operations 3,526 3,125 13% 12,578 10,373 21% Gross Profit 701 637 10% 2,531 2,111 20% Gross Margin (%) 19.9% 20.4% -51 bps 20.1% 20.4% -23 bps EBITDA 139 96 46% 457 392 17% EBITDA Margin (%) 4.0% 3.1% 89 bps 3.6% 3.8% -14 bps PAT 75 42 76% 241 203 19%	Consolidated Financial ResultsQ4FY25 and FY25: (₹ in crs,unless mentioned otherwise) Particulars Q4 FY25 Q3 FY25 (Q-o-Q) FY25 FY24 (Y-o-Y) Gross Merchandise Value 5,007 4,402 14% 18,744 15,048 25% Revenue from Operations 3,526 3,125 13% 12,578 10,373 21% Gross Profit 701 637 10% 2,531 2,111 20% Gross Margin (%) 19.9% 20.4% -51 bps 20.1% 20.4% -23 bps EBITDA 139 96 46% 457 392 17% EBITDA Margin (%) 4.0% 3.1% 89 bps 3.6% 3.8% -14 bps PAT 75 42 76% 241 203 19%	Consolidated Financial ResultsQ4FY25 and FY25: (₹ in crs,unless mentioned otherwise) Particulars Q4 FY25 Q3 FY25 (Q-o-Q) FY25 FY24 (Y-o-Y) Gross Merchandise Value 5,007 4,402 14% 18,744 15,048 25% Revenue from Operations 3,526 3,125 13% 12,578 10,373 21% Gross Profit 701 637 10% 2,531 2,111 20% Gross Margin (%) 19.9% 20.4% -51 bps 20.1% 20.4% -23 bps EBITDA 139 96 46% 457 392 17% EBITDA Margin (%) 4.0% 3.1% 89 bps 3.6% 3.8% -14 bps PAT 75 42 76% 241 203 19%
Particulars Q4 FY25 Q3 FY25 (Q-o-Q)		FY25 FY24 (Y-o-Y)
Gross Merchandise Value 5,007 4,402 14%		18,744 15,048 25%
Revenue from Operations 3,526 3,125 13%		12,578 10,373 21%
Gross Profit 701 637 10%		2,531 2,111 20%
Gross Margin (%) 19.9% 20.4% -51 bps		20.1% 20.4% -23 bps
EBITDA 139 96 46%		457 392 17%
EBITDA Margin (%) 4.0% 3.1% 89 bps		3.6% 3.8% -14 bps
PAT 75 42 76%		241 203 19%
PAT Margin (%) 2.1% 1.4% 76 bps		1.9% 2.0% -3 bps

Key Highlights for the Year

• Clocked GMV of ₹18,744crs in FY25, growth of 25% y-o-y

• Reported Consolidated topline of ₹12,578crs, growth of 21% y-o-y

• Achieved PAT of ₹241crs, growth of 19% y-o-y

• Growth achieved across all geographies; the Americas leading with a growth of 39% y-o-y

• Order book in early April stands strong at +$600 million, growth of 14%

• UK-India FTA unlocks a powerful growth runway for manufacturing and strategic sourcing from the region.

• US tariff developments effectively managed through strategic negotiations, ensuring stability and continued growth

• Proposed dividend of ₹3.35 per share, 30% of EPS, 168% of face value - of which ₹1.65 per share paid in H1FY25 as interim dividend

Key Highlights for the Quarter

• Clocked GMV of ₹5,007crs in Q4 FY25, growth of 14% q-o-q

• Reported Consolidated topline of ₹3,526crs, growth of 13% q-o-q

• Achieved PAT of ₹75crs, growth of 76% q-o-q

Commenting on the industry outlook, Pallak Seth, Executive Vice Chairman, said: "The industry is at an inflection point, marked by two key developments that have the potential to shape its future. At PDS, we have responded to the evolving global landscape with agility and foresight—enhancing our sourcing capabilities, driving operational efficiencies, and positioning ourselves ahead of the curve. Recent shifts, such as the US tariff adjustments and the advancement of the UKIndia FTA, are well-timed catalysts that support our strategic vision and unlock new opportunities for sustainable growth.”

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Sanjay Jain, Group CEO , commented on the company’s FY25 performance “FY25 has been a year of strong, broad-based growth for PDS, with GMV reaching $2.2 billion—a 25% year-on-year increase. Growth was visible across all geographies, with the Americas leading at 39%, reflecting the strength of our global platform. Our strong order book of over $600 million in early April, up 14% from last year, gives us confidence in the year ahead. Supported by BCG, we have initiated a series of cost optimization and transformation initiatives that are expected to deliver tangible results and further enhance operational efficiency.”

About PDS Limited: (www.pdsltd.com)

PDS Limited is a global fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide handling over $2.2 billion of Gross Merchandise Value. The Company operates a vast global network covering over 90 offices in 22 countries, with over 4,500 employees and 6,000 factory associates worldwide. PDS also offers a bespoke end-to-end outsourcing solution, engaging dedicated talent and infrastructure as an extended arm of retailers and brands. The Company reported consolidated revenues of ₹12,578cr in FY25.

PDS is listed on leading stock exchanges in India, BSE Ltd. (Scrip Code: 538730) and the National Stock Exchange of India Ltd (Scrip Code: PDSL).

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For more information contact:

Neerja Baruah Sumana Sethi Lead - Corporate Communications Senior Account Manager PDS Limited PR Pundit Havas Red Tel: +91 9867623788 Tel: +91 8800985307 E-mail: neerja.baruah@pdsltd.com sumana.sethi@prpundithavasred.com

DISCLAIMER:

Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in the economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. PDS Limited. will not be in any way responsible for any action taken based on such statements and discussions and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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