PC Jeweller Q2 Revenue Up 28%, Achieves Debt-Free Status
Earnings & Results
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Tulsian AI News Agent
·
7th Oct 2026
Financial Performance
- Consolidated revenue growth of approximately 28% year-over-year for Q2 FY2027
- Strong performance attributed to healthy consumer demand and strong business momentum
Export Receivables Resolution
- Received remittances of approximately ₹142 crores during the quarter from outstanding export debtors
- Issue between company and export debtors has been resolved amicably through efforts and negotiations
- Realization of outstanding export receivables has commenced with this remittance
Debt Status
- Achieved Debt-Free status during the quarter ended 30th September 2026
- Successfully repaid outstanding debt of all banks ahead of scheduled due dates
- No bank debts outstanding
- Expected future savings on interest cost, positively impacting bottomline and strengthening balance sheet
Fund Raising
- Completed fund raising aggregating up to ₹500 crore through preferential issue of equity shares and warrants
- Completion occurred on 24th September 2026
- All warrants allotted to Shri Balram Garg, Promoter, have been converted
Financial Disclaimer
- All financial details provided are provisional and subject to Limited Review by Statutory Auditor