PC Jeweller Ltd - Business update for the Quarter ended 30th June 2026

PC Jeweller Limited, one of the leading players in the jewellery industry and amongst the top brands in studded jewellery, continued to deliver a strong operational performance, concluding Q1FY2027 with a consolidated revenue growth of approximately 21% YoY reflecting significant progress in its ongoing turnaround journey.

Debt reduced by more than 90%; Debt-Free status to be achieved in the current quarter itself:

The Company continues to progress rapidly towards its goal of becoming debt-free and it will achieve this goal in the current quarter itself. In line with the same, the company has successfully reduced its outstanding debt that was payable to the banks under the terms of Joint Settlement Agreement, by another approximately 24% during Q1FY2027. With this reduction, the company has now reduced its outstanding debt by more than 90% as on date, since the execution of the Settlement Agreement with banks on 30 September 2024. The repayment of remaining outstanding debt and attaining a debt-free status in the ongoing quarter itself will significantly improve the company's financial position in the coming periods.

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

Source : Equity Bulls

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PCJeweller Q1FY27 BusinessUpdate