PDS Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
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PDS Limited's board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion. Consolidated revenue from operations rose about 21% year-on-year to roughly Rs. 12,578 crore, while consolidated profit for the year grew about 19% to Rs. 241 crore (EPS Rs. 11.44 vs Rs. 10.98). The board recommended a final dividend of Rs. 1.70 per share (face value Rs. 2) with a record date of July 17, 2025, to be paid within 30 days of the AGM scheduled for July 24, 2025. The company also appointed SGGS & Associates as secretarial auditor for 5 years and re-appointed Ms. Sandra Campos as Independent Woman Director for a second term. Through subsidiary Nextstyle Apparel Manufacturing, PDS acquired a 55% stake in Knit Gallery India Pvt Ltd for Rs. 40.38 crore to expand its India manufacturing footprint. Standalone results, however, showed a decline with revenue falling to Rs. 456 crore from Rs. 625 crore, though standalone profit remained positive at Rs. 73 crore.
Strong top-line growth of over 20% at the consolidated level signals healthy business expansion, supporting a steady dividend payout for shareholders. The acquisition strengthens India manufacturing capabilities, which could benefit long-term margins, though the drop in standalone revenue is a point worth watching.