PC Jeweller share price jumps 6% as Q1FY27 profit surges 37% YoY, revenue up 21%
PC Jeweller shares rose sharply after Q1FY27 profit jumped 37% year-on-year and revenue grew 21%. The jewellery retailer also reported a sharp improvement in operating profitability, continued progress on debt repayment and increased FII holding. With plans to become debt-free and raise up to Rs 1,000 crore via QIP, key triggers remain.
PC Jeweller's shares experienced a 5.49% increase, reaching Rs 10.36, following a strong performance in the June 2026 quarter (Q1FY27). The company reported a 37% year-on-year (YoY) surge in net profit, reaching Rs 222 crore, compared to Rs 153 crore in the same period last year. Revenue from operations grew by 21% YoY, amounting to Rs 877 crore, up from Rs 725 crore in Q1FY26.
A significant highlight was the company's impressive 168% YoY increase in Consolidated Operating PAT, excluding other income, which reached Rs 213 crore in Q1FY27, up from Rs 79 crore in the previous year. Debt reduction efforts continued, with the company fully repaying and discharging debt with 7 out of 14 consortium banks, and more than 96% of the outstanding debt discharged with the remaining banks.
PC Jeweller successfully completed a Rs 2,702.11 crore preferential issue of fully convertible warrants during the quarter, with 93% of proceeds realized. The board also approved a proposed Rs 1,000 crore Qualified Institutional Placement (QIP) to support future growth opportunities and improve financial flexibility. FII interest in the stock increased, with FII holding rising to 12.15% in the June 2026 quarter from 10.40% in the previous quarter.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
