PC Jeweller reports 63% jump in standalone revenue in Q2 – check details; shares rally up to 6%

Reacting to the positive update, shares of the company, in the early trade on Friday, October 3, rallied as much as 6% to ₹13.44 apiece on the NSE.

Further, the company has successfully reduced its outstanding debt that was payable to its banks by approximately 23% during this quarter. This is in addition to the reduction of approximately 9% already done during the first quarter of this financial year and the reduction of more than 50% that was already done in the previous financial year.

This debt reduction is in line with the company’s goal of becoming debt-free by the end of FY 2025-26, PC Jeweller said in its press release.

During the quarter, the company expanded its retail presence by opening a franchise-owned showroom in Pitampura, Delhi. This addition further strengthens PC Jeweller’s footprint in the region and supports its strategy of balanced growth through a mix of company-owned and franchise showrooms.

Looking ahead, the company is confident about building on its strong performance in the upcoming quarters and is focused on reclaiming its leading market position, which it has held in the past, it added.

About PC Jeweller

PC Jeweller is engaged in the business of manufacturing, selling and trading gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai-based firms. The company has a team of in-house designers.

The company started its operations in April 2005 with a single showroom in Karol Bagh, Delhi. Currently, it has expanded its footprint with 91 showrooms nationwide.

PC Jeweller was founded by two brothers, Padam Chand Gupta and Balaram Garg, and it was a first-generation business for them.

The popular jewellery retailer started operating as a company under the initial name 'P Chand Jewellers Private Limited'. It became a public limited company in July 2011 with its new name, 'PC Jeweller Limited'.

The company operates 91 showrooms and 4 manufacturing units, with its registered and corporate office at Karol Bagh, Delhi.

On bourses, PC Jeweller is a part of the BSE SmallCap basket.

PC Jeweller Q1 FY26 Results

PC Jeweller Ltd reported a 4% increase in its consolidated net profit to ₹161.93 crore for the quarter ended June 2025 (Q1 FY26).

Its net profit stood at ₹156.06 crore in the year-ago period.

Total income surged to ₹807.88 crore during the April-June period of the 2025-26 fiscal year from ₹439.78 crore logged in the corresponding period of the preceding year, according to a regulatory filing.

Last month, the company's board approved a plan to raise ₹500 crore equity from promoters and Capital Ventures Pvt Ltd to prepay its loan as part of its plan to become debt-free by the end of this fiscal.

Delhi-based PC Jeweller has a total of 52 showrooms, of which 49 are company-owned.

The company had posted a net profit of ₹577.70 crore and a total income of ₹2,371.87 crore during the entire 2024-25 fiscal year.