PC Jewellers has turned profitable and posted a consolidated net profit of Rs 94.78 for the fourth quarter of 2024-25 on higher sales. The company had reported a net loss of Rs 121.64 crore a year ago, according to a regulatory filing on Sunday. Its total income rose to Rs 699.02 crore during the January-March quarter of the 2024-25 fiscal from Rs 48.49 crore in the year-ago period. For the full 2024-25 fiscal, the company clocked a consolidated net profit of Rs 577.70 crore against a net loss of Rs 629.36 crore in the previous year. PC Jewellers said the FY25 was a turnaround year for the company as it successfully completed its fundraising via the preferential issue of fully convertible warrants, amounting to Rs 2,702.11 crore with a subscription of 99.89 per cent. Further, the company executed a Settlement Agreement with the consortium banks and as of March 31, 2025, discharged all its obligations on relevant timelines. Also, during the FY 2025, the company has reduced its...

PC Jeweller Ltd. average weekly volume is high.

PC Jeweller Ltd.

30 Mar 2025

17.05

-1.73%

PC Jeweller cuts 56% debt in FY25, to become debt-free by Mar FY26: MD

Business Standard

PC Jeweller Ltd has reduced bank loans by more than half to about Rs 1,800 crore this fiscal year and aims to become debt-free by March next year on better sales and fundraise, its MD Balram Garg said. PC Jeweller, which sells gold and silver jewellery, has 55 showrooms across 15 states. In September, Delhi-based PC Jeweller executed a settlement agreement with a consortium of 14 banks led by SBI to clear its outstanding loan, which stood at nearly Rs 4,100 crore as on March 31, 3024. "Our bank loans is expected to come down to Rs 1,775 crore at the end of the current fiscal. We are targeting to further reduce our bank loans and become debt free by March 2026," Garg told PTI in an interview. He said the company will get more than Rs 1,500 crore in the next fiscal from investors as proceeds against preferential issue of warrants and the same will be utilised to clear bank loans. In October last year, the preferential issue of fully convertible warrants amounting to Rs 2,702.11 crore

Institutional Investors have increased holdings from 6.81% to 14.43% in Mar 2025 qtr.

PC Jeweller Ltd.

18 Mar 2025

17.05

-1.73%

PC Jeweller shares soar as board approves share allotment to settle debt

Business Standard

PC Jeweller's stock rose as much as 6.05 per cent during the intraday trade to Rs 14.2 per share

Institutional Investors have increased holdings from 6.81% to 14.43% in Mar 2025 qtr.

PC Jeweller Share Price Rises 6% As Company Set To Raise Funds To Clear Debt

NDTV Profit | 18 Mar 2025 1 more

PC Jeweller Ltd.

06 Feb 2025

17.05

-1.73%

PC Jeweller Share Price Up For Second Session After Q3 Revenue, Profit Rise

NDTV Profit

PC Jeweller reported 15.9 times increase in revenue to Rs 639 crore from Rs 40.1 crore.

PC Jeweller Ltd. has gained 144.62% in the last 1 Year

PC Jeweller Q3 result: Net Profit of Rs 147.96 cr on strong demand

Business Standard | 05 Feb 2025

PC Jeweller Ltd.

04 Feb 2025

17.05

-1.73%

PC Jeweller Q3 results: Net profit at Rs 148 cr on strong festive demand

Business Standard

The company posted a consolidated net profit of Rs 148 crore in the quarter ending Dec. 31, compared with a loss of Rs 198 crore a year earlier and a profit of Rs 179 crore in previous quarter