PDS Weak Q2 Earnings: Order Book Up 15%, Sees Strong H2, Bets Big on India-UK FTA | Business News　 #ETNOW

Despite a 55% YoY drop in profit to ₹30 crore, PDS shares trade higher on upbeat management commentary. CEO Sanjay Jain tells ET NOW that the company’s order book has risen 15% YoY to ₹5,600 crore, driven by its multi-country sourcing model. He says new growth initiatives worth ₹80 crore will turn profitable in 12–18 months. Jain remains optimistic on the India-UK FTA, calling it a big export opportunity that could double India’s apparel exports in the coming years.

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