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PC Jeweller Soars 10% on Profit Surge & Debt Reduction
29 May
Summary
- Net profit rose 61% to ₹152.89 crore in Q4FY26.
- Total income increased to ₹946.26 crore in the same quarter.
- Company plans up to 100 franchise showrooms in 12-18 months.
PC Jeweller share price saw a 10% increase on Friday, May 29, 2026, driven by robust Q4FY26 earnings. The company announced a consolidated net profit of ₹152.89 crore, a 61% year-on-year rise, with total income climbing to ₹946.26 crore for the quarter ending March 31, 2026.
For the full fiscal year FY26, PC Jeweller reported a net profit of ₹714.46 crore, an increase from ₹577.70 crore in FY25. Total income for FY26 reached ₹3,549.58 crore, up from ₹2,371.87 crore in the previous fiscal year.
Managing Director Balram Garg highlighted FY26 as a year of recovery, attributing success to strong execution and consumer interest. He confirmed that the company has reduced its outstanding debt by over 90% since its settlement agreement with banks and is moving towards becoming debt-free.
With a clear path to a debt-free balance sheet, PC Jeweller is preparing for an aggressive expansion phase. The company plans to establish up to 100 large-format franchise showrooms within the next 12 to 18 months, based on positive feedback from potential partners.
