PC Jeweller jumps after Q2 revenue climbs 28% YoY

PC Jeweller rallied 4.18% to Rs 13.70 after the company reported approximately 28% YoY growth in consolidated revenue for the quarter ended 30th September 2026, supported by healthy demand.

The company said it received remittances of approximately Rs 142 crore during Q2 FY27 from its outstanding export debtors.

During the quarter ended 30th September 2026, the company achieved a Debt Free status after successful repayment of outstanding debt of all the banks with all repayments completed ahead of the scheduled due dates. The company said the absence of bank debt will help reduce interest costs going forward, supporting its bottom line and strengthening its balance sheet.

The company also completed its fund raising of up to Rs 500 crore through a preferential issue of equity shares and warrants on 24 September 2026, following the conversion of all warrants allotted to promoter Balram Garg.

PC Jeweller is engaged in the manufacture, retail, and export of jewellery. The company offers a wide range of gold, diamond, silver, and gemstone jewellery, including bangles, rings, bracelets, and necklaces, catering to bridal, occasional, and daily wear requirements. It operates across 12 states through a mix of company-owned and franchisee-owned showrooms.

The company had reported 37.02% rise in consolidated net profit to Rs 221.88 crore on a 20.99% increase in revenue to Rs 877.04 crore in Q1 FY27 as compared with Q1 FY26.

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