PC Jeweller Ltd - Business Update for Q3 FY26

PC Jeweller Limited has announced the business update for the quarter ended 31st December 2025.

PC Jeweller Limited, one of the leading players in the jewellery industry and amongst the top brands in studded jewellery, concluded Q3FY2026 with a strong performance, achieving standalone revenue growth of approximately 37% YoY, owing to robust consumer demand during the ongoing festival and wedding season.

During the quarter, the Company had submitted a proposal to The Directorate of Industries and Enterprises Promotion, Government of Uttar Pradesh, under their campaign CHIEF MINISTER - YUVA UDYAMI VIKAS ABHIYAN ("CMYUVA") in line with the Uttar Pradesh State Government's policy of entrepreneurship promotion, skill development and local employment generation, by providing support to trained goldsmith entrepreneurs in rural / semi-urban areas for establishing 1,000 jewellery retail franchisee units with the Company. The proposal received the approval from The Directorate of Industries and Enterprises Promotion, Government of Uttar Pradesh for on-boarding as a Franchise Brand on the CM-YUVA Portal and the Company has also entered into a Memorandum of Understanding with CM YUVA Mission under Department of MSME and Export Promotion, Government of Uttar Pradesh for the same. Along with fostering an entrepreneurial ecosystem, improving youth employability, promoting self-employment and contributing to the economic development of Uttar Pradesh through innovation and enterprise creation, this initiative will also enhance the Company's visibility, scalability and retail network.

Further, the Company remains committed to its target of achieving a debt-free status in near future. Notably, since the execution of Settlement Agreement with the Banks on 30th September 2024, the Company has already reduced its outstanding debt by approximately 68%, demonstrating significant progress towards its financial goals.

Looking ahead, the Company will remain focused on expanding its retail footprint, achieving debt-free status, and consistently delivering strong performances in the upcoming quarters.

The financial details provided above are provisional and subject to Limited Review by Statutory Auditor.

Source : Equity Bulls

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PCJeweller BusinessUpdate Q3FY26