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PDS CEO Bets On 5-5-5 Strategy To Achieve $3.5 Billion Top Line By FY29

Under the 5-5-5 strategy, PDS Ltd. aims to generate a GMV of $5 billion and a profit after tax margin of 5% in five years from the time of announcement.

<div class="paragraphs"><p>PDS’ current order book stands at approximately $600 million, reflecting over a 25% increase compared to the same period last year. (Photo source: Company website)</p></div>
PDS’ current order book stands at approximately $600 million, reflecting over a 25% increase compared to the same period last year. (Photo source: Company website)
Global fashion retailer PDS Ltd. is confident of achieving its target of a gross merchandise value of $5 billion and a turnover of $3.5 billion by FY29, according to Group CEO Sanjay Jain. The company’s current topline stands at approximately $1.5 billion to $1.8 billion, Jain told NDTV Profit.“We said close to 18 months back that we are aspiring towards 5-5-5 – in five years, we should be $5 billion GMV, which means about $3.5 billi...
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