PC Jeweller posts 21% Q1 revenue growth, targets debt-free status by September quarter
The jewellery retailer reported 21% YoY Q1 revenue growth and expects to be debt-free in the July-September quarter, having cut outstanding bank debt by over 90% since its 2024 settlement. Net profit reached ₹714.46 crore in FY26 versus ₹577.70 crore, with total income of ₹3,549.58 crore against ₹2,371.87 crore. The chain operates roughly 50 stores.
Indian jewellery retailer PC Jeweller posted 21% Q1 revenue growth and expects to become debt-free in the July-September quarter, having cut outstanding bank debt by over 90% since its 2024 settlement agreement.
Why this matters
Continues PC Jeweller's recovery streak after Q4 profit surged 61% to ₹152.9 crore and 90%+ of bank debt was repaid, with stock jumping ~13% on the Q1 print alongside recent warrant-conversion share listings.
Retail-company signals accelerating, up 509,600% QoQ.