PC Jeweller reports 58% jump in Q2 net profit to ₹331 crore
PC Jeweller posted a 58% rise in Q2FY27 net profit to ₹331 crore and 28% revenue growth, alongside full prepayment of bank dues.
Growth Brief DeskPublished 1 min read
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Key facts
- PC Jeweller reported a 58% year-on-year rise in Q2FY27 net profit to ₹331 crore.
- Quarterly revenue grew 28% to reach ₹1,054 crore according to the company.
- EBITDA rose 74%, with margins improving to 29.3% during the quarter.
- The company successfully repaid all consortium bank dues ahead of schedule.
PC Jeweller reported a 58% year-on-year increase in its net profit for the second quarter of fiscal 2027, reaching ₹331 crore, according to Mint.
The company's revenue for the quarter grew 28% to ₹1,054 crore. Its earnings before interest, tax, depreciation, and amortization surged 74%, with margins improving to 29.3%.
Additionally, PC Jeweller announced that it has repaid all of its consortium bank dues ahead of schedule.
Why it matters
PC Jeweller's latest quarterly performance signals a strong financial turnaround for the established jewelry retailer, highlighted by robust revenue expansion and margin improvements. For investors and market participants, the complete prepayment of consortium bank dues ahead of schedule removes a significant debt overhang, potentially easing borrowing costs and strengthening balance sheet stability. Retail sector observers and shareholders will be monitoring whether these operational gains can sustain the stock's stellar medium-term market trajectory.
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- Stock Market
Sources
Source: Mint