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This company clocks 80 percent revenue growth in Quarter 1, to be debt free in FY26 | Details Here
24htopnews | July 4, 2025 5:06 PM CST

New Delhi: PC Jeweller Ltd has reported around 80 per cent growth in revenue during the April-June quarter of this financial year on strong demand despite volatility in gold prices and said it will become debt free this fiscal. Delhi-based PC Jeweller has a total of 52 showrooms of which 49 are company-owned. In a regulatory filing on Thursday PC Jeweller informed that the company closed the April-June quarter on a very strong note clocking a robust performance. What did PC Jeweller say? Despite the volatility in gold prices the company was able to achieve a standalone revenue growth of approximately 80 per cent as compared to the corresponding quarter of the previous financial year PC Jeweller said. The company saw high demand for its products as consumers purchased jewellery for weddings and festivals. Further the company had already reduced its outstanding debts towards its bankers by more than 50 per cent during 2024-25 PC Jeweller said. The company expressed confidence of becoming debt free in the current fiscal. For achieving its target the company has further reduced its outstanding debts towards its bankers by another approximately 7. 50 per cent during the June quarter PC Jeweller said. The company said it continues to revamp and strengthen all the aspects of its operations. PC Jeweller said it is optimistic about delivering exceptional performance in the upcoming quarters as well. How much profit did the company post? PC Jeweller had posted a consolidated net profit of Rs 577. 70 crore last fiscal. In the 2023-24 fiscal it reported a net loss of Rs 629. 36 crore. The companys total income jumped to Rs 2371. 87 crore in 2024-25 from Rs 669. 87 crore in the preceding year. With PTI Inputs


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