PC Jeweller Reports 32% Revenue Growth In Q4, Cuts Debt Further

PC Jeweller announced a 32% year-on-year growth in standalone revenue in the March quarter, which was attributed to the rising demand and operational recovery.

In the entire year FY26, the company reported an increase in revenue by approximately 49%, which implies that the company performed well across the quarters.

The company has also decreased its outstanding bank debt by about 23% in the quarter through a settlement framework, and much of the dues have been settled.

PC Jeweller shares climbed nearly 5% in early trade on 7 April following a strong March quarter business update. The stock moved up around 4–6% to the ₹8.45–₹8.65 range before easing from those levels.

In the previous session, the stock had settled at ₹8.51, up 3.65% on the National Stock Exchange (NSE).

How Is The Company Strengthening Its Business?

PC Jeweller has taken multiple steps to support its recovery and expansion. It entered into an agreement with the National Skill Development Corporation to train 2,00,000 micro-entrepreneurs in the gems and jewellery industry in the next five years. This program is meant to widen its retail base.

The firm has also initiated the test of backward integration with its subsidiary PCJ Mining SARL, established in Chad, to test the prospects of precious metal mining. These projects are indicative of the diversification of operations and enhancement of long-term growth opportunities.

What Is The Outlook For The Business?

The company said it remains focused on reducing debt further and aims to move towards a debt-free position in the near term.

It is also looking to benefit from seasonal demand, particularly during the wedding season and festivals such as Akshaya Tritiya.

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PC Jeweller Share Performance

The company’s share price rose 7% in the last five trading sessions. Over the past month, the stock fell more than 3%. In the last six months, it is down around 34%. Over the past year, the decline stands at more than 32%.

To investors, the update shows that the company is on the road to recovery, as evidenced by the growth in revenue and debt. Continued focus on deleveraging and expansion initiatives may support future performance.

Sources:

CNBC TV18

Financial Express