PDS Limited, a leading apparel sourcing and manufacturing platform, has reported a 66% year-on-year increase in profit after tax (PAT) for Q3 FY25. Over the first nine months of FY25, the company recorded a 26% revenue growth, reaching ₹9,052 crore.
In a strategic move to expand its Indian operations, PDS Limited has acquired a 55% stake in Knit Gallery India Private Limited for ₹41 crore, subject to due diligence and documentation. The acquisition strengthens its manufacturing capabilities and sourcing opportunities in India, aligning with the company’s long-term growth strategy.
CEO Sanjay Jain emphasized PDS’s ability to navigate a dynamic global landscape while maintaining strong growth momentum. He highlighted the company’s collaboration with BCG on cost optimization and operational efficiencies and its strong $425 million order book in North America.
Pallak Seth, Executive Vice Chairman reiterated the company’s focus on sustainable and compliant manufacturing, leveraging its sourcing foundation alongside advanced facilities in Bangladesh and Sri Lanka. He underscored PDS Limited’s commitment to the Make in India initiative, reinforcing its leadership in sustainable garment manufacturing.
