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PC Jewellers Q2 Results: Net profit shoots up 58 pc to Rs 331 crore; company says it is now debt-free

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PC Jewellers Q2 Results: Net profit shoots up 58 pc to Rs 331 crore; company says it is now debt-free

PC Jewellers Q2 Results: Net profit shoots up 58% to Rs 331 crore; company says it is now debt-free

PC Jewellers Ltd has achieved an impressive 58 percent growth in net profit for Q2 of the 2026-27 fiscal year, driven by sales that surged beyond Rs 1,054 crore. The company is now debt-free after early repayment to banks and is set to unveil a new jewellery brand aimed at attracting younger consumers.

PC Jewellers Ltd on Wednesday posted a 58 per cent jump in its consolidated net profit to Rs 330.66 crore for the second quarter of the 2026-27 fiscal on higher sales. The company had clocked a net profit of Rs 209.54 crore during July-September quarter of the previous year, according to a regulatory filing. Total income rose 28 per cent to Rs 1,054.47 crore for the second quarter of this fiscal from Rs 825.25 crore a year ago. Expenses remained higher at Rs 759.42 crore as against Rs 688.85 crore a year ago. "A key milestone during the quarter was the company achieving debt-free status after repaying its outstanding dues to all 14 consortium banks ahead of schedule." Advt

With interest costs expected to reduce significantly from the second half of FY27, the company expects its net profit to have a positive impact of the same, it added. The company said it received remittances of about Rs 142 crore from export debtors during Q2 following negotiations and resolving of issues, marking the start of realisation of long-pending receivables.



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