PC Jeweller Q1 revenue up 21%; over 90% of bank debt repaid, stock jumps ~13%
PC Jeweller posted ~21% YoY revenue growth in Q1 FY27 and cut debt 24% in the quarter, repaying more than 90% of bank borrowings with a target of turning debt-free this quarter. Shares rallied 12.53% to Rs 9.88, though the stock remains down 28.61% over the past year.
Jewellery retailer PC Jeweller posted ~21% YoY Q1 FY27 revenue growth and repaid over 90% of bank debt, targeting debt-free status this quarter. Shares jumped nearly 13% on the update.
Why this matters
Continues PC Jeweller's turnaround run after Q4 profit surged 61% to Rs 152.9 cr with debt cut over 90%, and its recent listing of 35.18 crore warrant-conversion shares at Rs 5.62.
Retail-company signals are accelerating, up +509000% QoQ.