Written by PC Jeweller Ltd announced its financial results for the first quarter of FY26, reporting a 4% year-on-year increase in consolidated net profit to ₹161.93 crore. The company’s total income surged to ₹807.88 crore, reflecting strong performance and improved sales momentum.
The Q1 FY26 results also showed a significant 122% year-on-year jump in profitability, supported by an 81% increase in sales to ₹725 crore compared to the same period last year. The growth underscores the company’s operational efficiency and robust consumer demand.
In a strategic move, PC Jeweller revealed plans to raise ₹500 crore with the intent to prepay existing loans. The initiative is aimed at achieving a debt-free status by the end of FY26, further strengthening the company’s financial position and enhancing investor confidence.
The market responded positively to the results and the company’s proactive debt reduction strategy, signaling optimism about PC Jeweller’s growth trajectory.