PC Jeweller Q2 profit rises 58%; clears bank debt, plans expansion and new brand
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓PC Jeweller reported a 58% rise in Q2 FY27 net profit to ₹331 crore.
- ✓The firm cleared all bank debt, helping to lower future interest costs.
- ✓It now plans to open 100 new showrooms within 18 months and will launch a fresh jewellery brand to attract many younger, modern consumers.
Story at a Glance
- Category
- BUSINESS
- Reported By
- CNBC TV18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
PC Jeweller reported a 58% year-on-year increase in consolidated net profit to ₹331 crore for the second quarter of FY27, compared with ₹210 crore in the corresponding period last year. The Delhi-based jewellery retailer and manufacturer's revenue rose 27.8% to ₹1,054 crore from ₹825 crore, while Earnings Before Interest, Taxes, Depreciation, and mortisation (EBITDA) increased 74.1% to ₹309 crore from ₹178 crore.
The EBITDA margin expanded to 29.3% in Q2 FY27 from 21.5% a year earlier. The company said it continued to deliver growth during the quarter, supported by sustained consumer demand.
For the first half of FY27, consolidated revenue rose 25% year-on-year to ₹1,932 crore, compared with ₹1,550 crore in H1 FY26.
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