StockWatch
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Gems- Jewellery And Watches
Business Update2 Jul 2026, 05:50 pm

PC Jeweller Revenue Up 21% YoY, Nears Debt-Free Status

AI Summary

PC Jeweller Ltd reported a strong operational performance for the quarter ended June 30, 2026, with consolidated revenue growing approximately 21% year-on-year. The company is rapidly progressing towards its goal of becoming debt-free, having reduced its outstanding debt by over 90% since September 2024. An additional 24% reduction was achieved in the current quarter. Attaining debt-free status in the ongoing quarter is expected to significantly improve the company's financial position. These figures are provisional and subject to limited review by the statutory auditor.

Key Highlights

  • Consolidated revenue grew approximately 21% year-on-year.
  • Outstanding debt reduced by more than 90% since September 2024.
  • Company expects to achieve debt-free status in the current quarter.
  • Provisional financial details are subject to auditor's limited review.