PC Jeweller's Q1: Sparkling 80% Revenue Growth, Debt on Decline! ✨

Hey there, finance folks! Let’s dive into the latest business update from PC Jeweller Limited (Symbol: PCJEWELLER) for the quarter ended June 30, 2025. And it looks like the company is really trying to turn up the shine! ✨

PC Jeweller has just shared that the recently concluded quarter was quite the performer. They’ve reported a fantastic standalone revenue growth of approximately 80% compared to the same quarter last financial year. This impressive jump was largely fueled by high demand for their products, especially due to wedding and festive purchases by customers. It seems like consumer trust and goodwill are paying off, helping the company clock robust performance.

But it’s not just about sales. One of the most significant takeaways from this update is PC Jeweller’s aggressive push to tackle its debt. The company successfully reduced its outstanding debts towards its bankers by more than 50% during FY 2024-25. Building on this momentum, they managed to shave off another approximate 7.50% during the latest quarter! Even more ambitiously, PC Jeweller is targeting to become completely debt-free by the end of FY 2026. This is a massive goal for any company, and certainly one to watch closely.

Looking ahead, PC Jeweller isn’t resting on its laurels. They’re actively revamping and strengthening all aspects of their operations and are super optimistic about delivering exceptional performance in the upcoming quarters. While these figures are provisional and subject to a Limited Review by a Statutory Auditor, they certainly paint a promising picture.

What are your thoughts on PC Jeweller’s latest update? Let us know in the comments!

source: Corporate Announcement

Join our Telegram for instant updates!