PC Jeweller shares hit a 20% upper circuit on Friday, touching an intraday high of ₹16.82, after the company reported a robust performance for the quarter ended June 30, 2025.
In its latest business update, the jewellery retailer revealed an impressive 80% year-on-year growth in standalone revenue, driven by strong wedding and festive demand. Despite the backdrop of fluctuating gold prices, PC Jeweller said it ended the quarter on a “very strong note,” crediting its operational revamp and improved internal processes for the momentum.
The company also highlighted significant progress on the financial front. After slashing its outstanding dues to bankers by over 50% in FY25, PC Jeweller further reduced its debt by 7.5% in Q1 FY26. It has reiterated its commitment to becoming completely debt-free by the end of the current fiscal year.
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