Summary of Key Information:

Reporting Period: Quarter & Six Months ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Decisions

Date of Board Meeting / Approval: October 21, 2026 (Commenced at 5:00 PM, concluded at 5:55 PM)

Audit Opinion: Unmodified review conclusion (Limited Review Report)

Auditor's Comment: Emphasis of Matter on export receivables realization and ECL assessment, and Other Matter on debt settlement accounting

Key Financial Highlights [₹ in crores]

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹910.32 (vs ₹825.25 in Q2 FY26, +10.3% YoY)
  • Total Income: ₹945.98
  • Net Profit: ₹240.16
  • EPS: ₹0.25 (Basic), ₹0.25 (Diluted)
  • Other Equity: ₹8,120.13
  • Cash and Cash Equivalents: ₹15.48
  • Debt: Zero bank borrowings (debt-free status achieved)

Six Months Ended September 30, 2026:

  • Revenue from Operations: ₹1,714.14 (vs ₹1,550.16 in H1 FY26, +10.6% YoY)
  • Total Income: ₹1,752.13
  • Net Profit: ₹411.25
  • EPS: ₹0.43 (Basic), ₹0.43 (Diluted)

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹1,054.47 (vs ₹825.25 in Q2 FY26, +28% YoY)
  • Total Income: ₹1,090.03
  • Operating EBITDA: ₹310 (excluding other income)
  • Operating PAT: ₹299 (excluding other income, +107% YoY)
  • Net Profit: ₹330.66
  • EPS: ₹0.34 (Basic), ₹0.34 (Diluted)
  • Other Equity: ₹8,306.06
  • Cash and Cash Equivalents: ₹76.61
  • Debt: Zero bank borrowings

Six Months Ended September 30, 2026:

  • Revenue from Operations: ₹1,931.51 (vs ₹1,550.16 in H1 FY26, +25% YoY)
  • Total Income: ₹1,969.30
  • Operating PAT: ₹512 (excluding other income, +129% YoY)
  • Net Profit: ₹552.54
  • EPS: ₹0.57 (Basic), ₹0.57 (Diluted)

Segment-wise Performance:

Not Specified

Corporate Actions:

Share Allotment: Allotted 9,72,22,222 equity shares of ₹1 each to Shri Bairam Garg in 5 tranches during July-September 2026 upon conversion of warrants allotted during FY2026 after receipt of balance 75% of ₹18 each as issue price per warrant.

Dividend: Not Specified

Other Significant Information:

Debt Settlement: Fully repaid outstanding dues to 14 consortium banks on September 25, 2026 ahead of scheduled due dates under settlement agreement dated September 30, 2024. All charges, securities, guarantees released on October 8, 2026.

Expansion Plans: Plan to rollout up to 100 large-format showrooms across Tier I, II, III cities over next 12-18 months through own and franchise model. Executed MoUs with NSDC (2,00,000 franchisee partners) and Uttar Pradesh Government under CM YUVA scheme (1,000 franchisee partners).

New Brand Development: Planning to launch new jewellery brand focusing on demi-fine/lightweight jewellery and lab-grown-diamond fine jewellery for younger customers.

Mining Operations: PCJ Mining SARL (step-down subsidiary) granted license for semi-mechanized artisanal mining of gold in Chad, commenced on-site development work during quarter.

Entities in Consolidation: Includes PC Jeweller Limited (Parent), Luxury Products Trendsetter Private Limited, PC Jeweller Global FZCO, PCJ Gems & Jewellery Limited, and PCJ Mining SARL (step-down subsidiary).