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Bloomberg Quint

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Image Credit: Bloomberg Quint

PC Jeweller Q1 Updates: 80% Revenue Surge On Festive Demand

  • PC Jeweller recorded an 80% year-on-year growth in standalone revenue driven by robust wedding and seasonal purchases.
  • The company aims to become debt-free by the end of fiscal 2026, with efforts to reduce outstanding debt by over 50% in fiscal 2024–25.
  • Operational improvements have led to positive financial results, with PC Jeweller optimistic about maintaining growth momentum in upcoming quarters.
  • Shares of PC Jeweller closed 1.37% higher at Rs 14.02 apiece on the National Stock Exchange, with a 174.04% rise in the last 12 months and an 11.66% decline year-to-date.

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