PDS Share Price Up by 6.43%; Declares ₹1.65 Interim Dividend for FY 2025

PDS Limited has announced its financial results for the quarter ended September 30, 2024 (Q2 FY 2025). The company declared an interim dividend for the financial year 2025.

Q2 FY 2025 Financial Highlights

PDS achieved its highest-ever quarterly Gross Merchandise Value (GMV) at ₹5,437 crore, a milestone underscored by a significant increase in sales, which grew by 26% compared to the previous quarter. The quarter’s financial results reflect this momentum, with normalised EBITDA at ₹185 crore, a year-on-year growth of 52%, and a margin of 6.0%. 

Net profit after tax (PAT) reached ₹131 crore, marking a 62% increase, with a margin of 4.3%. Looking forward, PDS Limited expects this growth trend to continue, fueled by a robust order book valued at approximately $620 million, up over 20% year-on-year.

H1 FY 2025 Financial Highlights

For the half-year period ending FY25, PDS Limited’s GMV surged by 39%, reaching ₹9,335 crore (crossing over $1.1 billion), with revenue totalling ₹5,927 crore, reflecting a 29% growth year-on-year. 

Normalised EBITDA for the half-year period stood at ₹306 crore, representing a 27% increase with a margin of 5.5%, while PAT grew by 39% to reach ₹211 crore, with a margin of 3.8%. 

Interim Dividend for FY 2025

The company also announced an interim dividend of ₹1.65 per equity share, with a face value of ₹2 each for the financial year 2024-25. The record date for dividend eligibility is set for Tuesday, November 12, 2024, and the dividend is expected to be disbursed within 30 days from the declaration date.

On October 30, 2024, PDS share price opened at ₹515.00, up from its previous close of ₹504.50. At 9:43 AM, the share price of PDS was trading at ₹536.95, up by 6.43%.

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