Shares of PC Jeweller Ltd, a jewellery retailers and manufacturers of gold and diamond jewellery, on Thursday, October 22, rallied around 9 percent to touch Rs 20.17 on the BSE after the company reported a 58 percent YoY rise in consolidated net profit to Rs 330.66 crore for the July-September quarter of the financial year 2026-27, on the back of higher sales. The company had clocked a net profit of Rs 209.54 crore during same quarter of the previous year.
PC Jeweller shares today opened at Rs 19.81 and soared 8.96 percent to hit Rs 20.17 against the previous day’s close of Rs 18.51, on the BSE.
The company’s total income rose 28 percent to Rs 1,054.47 crore for reporting quarter from Rs 825.25 crore posted in the year-ago period.
Expenses remained higher at Rs 759.42 crore as against Rs 688.85 crore a year ago, according to a regulatory filing shared by the jewellery retailer on Wednesday.
“A key milestone during the quarter was the Company achieving debt-free status after repaying its outstanding dues to all 14 consortium banks ahead of schedule,” the company said in a statement.