INSUBCONTINENT EXCLUSIVE:
Shares of PC Jeweller rose over the previous two trading sessions, rising as much as 33% to hit a high of Rs 18.69 on the BSE, after the
company launched its company upgrade for the quarter ended June 30, 2025 (Q1FY26)
The upgrade, provided earlier recently, revealed standalone income growth of roughly 80% compared to the very same quarter last year.In
todays trading session alone, the stock advanced 11.8% on the BSE.According to the business filing, the quarter was referred to as really
appealing and fulfilling, with performance credited to continued consumer trust and goodwill
PC Jeweller said it closed the quarter on a strong note, having clocked a robust performance.The business pointed out high customer need
throughout the wedding and festive season as a crucial contributor to the strong efficiency
Despite volatility in gold rates, it reported significant traction in sales, which assisted drive the reported income growth.Alongside its
top-line efficiency, PC Jeweller likewise highlighted development in its continuous efforts to deleverage its balance sheet
The business kept in mind that it had actually reduced its outstanding debt to bankers by over 50% throughout FY2425, and in Q1FY26, it
further minimized debt by around 7.5%
Live EventsPC Jeweller specified that it is targeting complete payment of its commitments to lenders by the end of FY26 and remains positive
of ending up being debt-free within that timeline.The business continues to revamp and strengthen all elements of its operations, the
outcomes of which are visible in its financials, the management said in a statement
It added that it remains optimistic about delivering exceptional efficiency in the approaching quarters as well.: Jane Street after-effects:
4 stocks suffer Rs 12,000 crore wipeout in collateral damage(Disclaimer: Recommendations, tips, views and viewpoints given by the
specialists are their own
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