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PC Jeweller Soars on Q3 Growth and Debt-Free Vision
5 Jan
Summary
- PC Jeweller reported a 37% year-on-year revenue growth in Q3 FY26.
- The company has reduced 68% of its debt since September 30, 2024.
- PC Jeweller will support 1,000 retail franchises under a UP government scheme.
PC Jeweller's stock experienced a notable increase after the company revealed strong performance in the third quarter of the financial year 2026. The jewellery retailer reported a substantial 37% year-on-year growth in its standalone revenue for the October-December period, signalling a positive business trajectory.
This financial uplift is complemented by the company's significant progress in debt reduction. PC Jeweller stated it has successfully reduced 68% of its existing debt since a settlement agreement was executed on September 30, 2024, reinforcing its goal to achieve debt-free status in the near future.
Further demonstrating its commitment to expansion and community development, PC Jeweller will partner with the Uttar Pradesh government's CM Yuva Udyami Vikash Abhiyan. This initiative aims to establish 1,000 retail franchise units, providing support to trained goldsmiths and entrepreneurs in rural and semi-urban areas.
