Overview

• PC Jeweller recorded standalone revenue growth of about 80% year-on-year in Q1 (April–June) despite gold-price volatility.
• It cut bank borrowings by over 50% in FY2024-25 and trimmed an additional 7.5% in the recent quarter under its debt-reduction plan.
• Sales were driven by robust wedding and festival purchases across its 52-showroom network, with 49 outlets company-owned.
• The quarter extends the turnaround that saw PC Jeweller swing to a Rs 577.7 crore net profit in FY2024-25 after a Rs 629.4 crore loss.
• Management said it remains on schedule to retire all bank debt by the end of the current fiscal year.