Further, the company has successfully reduced its outstanding debt that was payable to its banks by approximately 23% during this quarter. This is in addition to the reduction of approximately 9% already done during the first quarter of this financial year and reduction of more than 50% that was already done in the previous financial year. This debt reduction is in line with the company's goal of becoming debt-free by the end of FY 2025-26.
PC Jeweller is engaged in the manufacture, retail, and export of jewellery. The company offers a diverse portfolio that includes 100% hallmarked gold jewellery, certified diamond jewellery, and other products such as silver articles.
The company's consolidated net profit increased 3.76% to Rs 161.93 crore on 80.71% surge in revenue from operations to Rs 724.91 crore in Q1 June 2025 over Q1 June 2024.
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