PDS Reports 55% Drop in Q2 Net Profit, Declares ₹1.65 Interim Dividend

PDS , a global fashion infrastructure company, has reported a significant decline in its quarterly consolidated net profit while announcing an interim dividend for its shareholders.

Financial Performance

PDS witnessed a sharp drop in its consolidated net profit for the quarter ended September 30. The company's profit fell to ₹300.00 million, down 55% from ₹675.00 million in the same period last year. Despite the profit decline, PDS managed to increase its revenue:

Metric	Q2 FY2026	Q2 FY2025	YoY Change
Revenue	₹34.19 billion	₹33.00 billion	+3.6%
Net Profit	₹300.00 million	₹675.00 million	-55.6%
EBITDA	₹1.03 billion	₹1.44 billion	-28.5%
EBITDA Margin	3.01%	4.35%	-134 bps

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a decline, falling to ₹1.03 billion from ₹1.44 billion in the previous year. Consequently, the EBITDA margin compressed to 3.01% from 4.35% year-over-year.

Interim Dividend

Despite the challenging quarter, PDS's Board of Directors has declared an interim dividend of ₹1.65 per equity share with a face value of ₹2 each for the financial year 2025-26. The record date for determining shareholder eligibility for the interim dividend has been set as Friday, October 31, 2025.

Other Corporate Actions

In addition to the financial results and dividend announcement, PDS has taken several other corporate actions:

The company has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.
Ms. Reenah Joseph has been re-designated as "Head – Special Projects & Initiatives" effective October 27, 2025. This internal reallocation of responsibilities means she will no longer be classified as Senior Management Personnel of the company under SEBI Listing Regulations.
The Nomination and Remuneration Committee has approved the allotment of 15,000 equity shares under the PDS Limited - Employee Stock Option Plan 2021- Plan A. This has increased the company's issued, subscribed, and paid-up capital to ₹28,27,29,266, comprising 14,13,64,633 equity shares with a face value of ₹2 each.

PDS continues to navigate a challenging business environment, balancing shareholder returns with operational performance. Investors and stakeholders will be watching closely to see how the company addresses the significant drop in profitability in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.95%	+4.01%	+5.25%	-12.92%	-32.41%	+401.14%

PDS Limited , a prominent player in the Indian market, has made several significant announcements that may interest its shareholders and potential investors.

Revised Record Date for Interim Dividend

PDS Limited has announced a revision to the record date for determining shareholder eligibility for the interim dividend. The key details are as follows:

Aspect	Details
New Record Date	October 31 (Friday)
Dividend Declaration	Subject to Board approval on October 27
Communication Date	October 18

It's important to note that the declaration of the interim dividend is contingent upon approval by the Board of Directors at their meeting scheduled for October 27. The company has informed both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) about this revision.

Upcoming Q2 and H1 Earnings Conference Call

In addition to the dividend-related news, PDS Limited has also scheduled a conference call to discuss its financial results for the second quarter and first half of the fiscal year. The details of the conference call are as follows:

Aspect	Details
Date	October 28 (Tuesday)
Time	4:00 PM IST
Purpose	Discussion of Q2 and H1 financial results
Key Participants	- Mr. Pallak Seth (Executive Vice Chairman)
	- Mr. Sanjay Jain (Group Chief Executive Officer)
	- Mr. Rahul Ahuja (Group Chief Financial Officer)
	- Other Senior Management Team members

The company has provided various access options for interested parties to join the conference call, including universal access numbers and international toll-free numbers for countries such as the USA, UK, Singapore, and Hong Kong.

Incorporation of New US Subsidiary

In a strategic move to strengthen its presence in the US market, PDS Far East USA Inc, a step-down wholly owned subsidiary of PDS Limited, has incorporated Design COE USA Inc in Delaware, USA, effective October 17. The new entity will operate in the fashion and apparel industry as a design-led sourcing organization dedicated to supplying the US market.

Key points about Design COE USA Inc:

Offers a diversified product range including woven, knits, sweater, denim, activewear, and career apparels
Incorporated with a cash consideration of approximately INR 8,795.09 (USD 100)
PDS Limited maintains 100% shareholding through its subsidiary structure

These announcements demonstrate PDS Limited's commitment to transparent communication with its stakeholders, providing them with timely updates on important financial matters and opportunities to engage directly with the company's senior management. The incorporation of Design COE USA Inc also highlights PDS Limited's strategic expansion efforts in the US market.

Investors and analysts interested in the company's performance are encouraged to participate in the upcoming earnings call to gain insights into PDS Limited's financial health and future outlook.