PDS Limited has reported its highest-ever quarterly revenue of ₹4,432 crore in Q2 FY27, marking a 28.7% increase over the previous quarter. The company also recorded a 144.4% rise in Profit After Tax (PAT) and a 59.3% increase in EBITDA compared with Q1 FY27. For H1 FY27, revenue grew 22.7% year-on-year, supported by growth across business categories and improved financial performance.
PDS Q2 FY27 Financial Performance
PDS Limited, a global supply chain solutions company, announced its consolidated financial results for the second quarter and first half of FY2026-27 on November 4, 2026.
The company reported revenue of ₹4,432 crore in Q2 FY27. This represents a 28.7% increase over the previous quarter and marks its highest-ever quarterly revenue.
Additionally, EBITDA reached ₹153 crore, registering growth of 59.3% quarter-on-quarter. The EBITDA margin improved to 3.5%, an increase of 66 basis points.
PAT also recorded strong growth during the quarter. It stood at ₹70 crore, up 144.4% compared with Q1 FY27. The company reported a PAT margin of 1.6%.
PDS H1 FY27 Revenue and Profit Growth
PDS Limited continued its growth momentum during the first half of FY27.
The company reported consolidated revenue of ₹7,876 crore, representing a 22.7% increase compared with H1 FY26.
Meanwhile, EBITDA increased by 62.3% year-on-year to ₹249 crore. Its margin improved to 3.2%, up 77 basis points.
PAT grew by 43.8% to ₹98 crore during the first half. The company recorded a PAT margin of 1.3%.
Balance Sheet Strengthens with Net Cash Position
Alongside its revenue and profit growth, PDS reported improvements in its financial position.
The company moved to a net cash-positive position of ₹154 crore. It also improved its net working capital cycle to -5 days.
Furthermore, the company declared an interim dividend of ₹2.20 per share. This represents a 33% increase compared with the previous year.
Management Commentary on Q2 FY27 Performance
Commenting on the results, Pallak Seth, Executive Vice Chairman of PDS, said:
“Q2 FY27 marks a defining quarter for PDS, with our highest-ever quarterly revenue delivered alongside margin expansion. H1 reflects broad-based double-digit growth across categories, with North America up ~44% as our strategic initiatives gain traction.
“Our growth model is built on landing new customers and expanding our wallet share with them over time, by deepening engagement across more categories, geographies and services. Backed by our diversified, multi-country network and end-to-end capabilities, we are well placed to meet evolving customer needs and expand our service offerings. This positions PDS to capitalize on emerging opportunities while sustaining profitable growth and creating long-term value.”
Digital and AI Transformation Roadmap
Group CEO Sanjay Jain highlighted the company’s progress in strengthening its financial position and improving operational efficiency.
He said:
“Q2 FY27 marks another step in strengthening the financial foundation of PDS. Disciplined cash management and tighter working capital controls have moved us to a net cash positive position of ₹154crs, with net working capital improving to -5 days.
“We are making steady progress in taking our newer investments towards profitability, and portfolio rationalization is on track. In parallel, we have begun executing our digital and AI transformation roadmap, which will redefine how we operate across the value chain. These initiatives are expected to lift productivity, enhance operating leverage and optimize capital allocation, strengthening our ability to deliver sustainable, profitable growth over the long term.”