India's PDS rises on jump in Q3 profit

PDS

29/01/2025 05:03

** Shares of textiles maker PDS  PDSL.NS  rise 4.7% at 503.4
rupees, set to snap six-session losing run
    ** Co's Q3 profit surges 70.5% to 248.5 mln rupees ($3 mln),
rev rose 21.1%
    ** Co to also buy 55% stake in Knit Gallery India for 413.4
mln rupees, to expand manufacturing footprint
    ** PDSL rose 5% in 2024, gaining for a sixth straight year
 
 ($1 = 86.5750 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))