National News
PC Jeweller Shares Surge 10% On Strong Q4, 61% Y-on-Y Increase In Consolidated Net Profit
Debt Reduction, Expansion Plans Lift Sentiment, Betting On An Asset-Light Franchise Strategy To Rebuild Market Presence.
Shares of jewellery retailer PC Jeweller climbed 10% on Friday after the company posted stronger fourth-quarter earnings, fueled by rising income, improving profitability and a sharply reduced debt burden, rekindling investor optimism around its turnaround story.
The stock gained after the company reported a 61% year-on-year increase in consolidated net profit for the quarter ended March 31, reaching Rs. 152.89 crore, compared with Rs. 94.78 crore a year earlier. Total income rose to Rs. 946.26 crore from Rs. 700.10 crore, according to a regulatory filing.
For the full fiscal year ended March 2026, the company reported net profit of Rs. 714.46 crore, up from Rs. 577.70 crore in the previous year, while annual income surged to Rs. 3,549.58 crore from Rs. 2,371.87 crore, reflecting stronger operational momentum amid recovering consumer demand.
The earnings rebound comes as PC Jeweller continues to repair its balance sheet after years of financial strain. Managing Director Balram Garg said FY26 marked a “critical year of recovery,” driven by disciplined execution and sustained customer traction.
Since implementing its settlement agreement with lenders, the company has reduced outstanding debt by more than 90%, Garg said, adding that management remains focused on becoming debt-free.
That effort is increasingly central to the company’s growth narrative. Once debt obligations are fully resolved, PC Jeweller plans to shift into expansion mode, betting on an asset-light franchise strategy to rebuild market presence.
The company said it has received encouraging interest from prospective partners for large-format franchise outlets and aims to open as many as 100 franchise showrooms over the next 12 to 18 months.
For investors, the sharp rally raises a familiar question: Is the recent momentum a reflection of improving fundamentals—or an early wager on a broader turnaround still in progress?
The answer may hinge on whether PC Jeweller can sustain earnings growth while successfully executing its ambitious expansion plans without reigniting balance-sheet risks.
National News
MMTC-PAMP Appoints Sidharth Malhotra As Brand Ambassador
As Part Of The Association, Sidharth Will Lead MMTC-PAMP’s New Integrated Campaign, ‘Purest And More,’ Showcasing The Brand’s Expanding Portfolio Across Physical Precious Metals, Digital Investments and Responsible Gold Recycling.
MMTC-PAMP, India’s only London Bullion Market Association (LBMA)-accredited Good Delivery Gold & Silver refiner, today announced acclaimed actor Sidharth Malhotra as its Brand Ambassador, marking a significant milestone in the brand’s journey to strengthen its connection with a new generation of consumers. As part of the association, Sidharth will lead MMTC-PAMP’s new integrated campaign, ‘Purest And More,’ showcasing the brand’s expanding portfolio across physical precious metals, digital investments and responsible gold recycling.
The integrated campaign showcases MMTC-PAMP’s complete ecosystem, from 24K 999.9+ purest gold and silver coins and bars to digital gold and silver, gold recycling, online purchasing and assured buyback services. Through relatable, everyday moments and festive celebrations, the campaign reinforces MMTC-PAMP’s position as India’s most trusted precious metals brand while making gold ownership more relevant, accessible and convenient for today’s consumers.
Announcing the association, Samit Guha, Managing Director and CEO, MMTC-PAMP said:

“We are delighted to welcome Sidharth Malhotra to the MMTC-PAMP family. Sidharth has built a strong reputation through authenticity, credibility and a modern outlook—qualities that closely reflect the values of our brand. As one of India’s most admired and influential actors, he enjoys a deep connect across generations, making him an ideal ambassador as we continue expanding the reach of MMTC PAMP among both seasoned investors and first-time buyers.
This partnership comes at an exciting phase in our growth as we continue to redefine precious metals ownership through innovation, responsible sourcing and world-class quality. Through our ‘Purest And More’ campaign, we are showcasing how MMTC-PAMP today offers far more than physical gold—from digital investments and online buying to gold recycling and assured buyback—while remaining uncompromising on purity and trust.”
The campaign film unfolds through a series of relatable family moments around a wedding celebration, with Sidharth naturally introducing consumers to MMTC-PAMP’s diverse offerings. The storytelling highlights that every MMTC-PAMP offering is backed by the brand’s commitment to purity, trust and convenience while reinforcing its promise of “Purest And More.”
Speaking on the association, Sidharth Malhotra said:
“MMTC-PAMP has built a remarkable reputation for purity, trust and innovation, while also modernising the way people invest in and experience precious metals. Whether it’s celebrating life’s milestones, building long-term wealth or embracing more responsible choices through recycled gold, the brand continues to stay relevant for today’s consumers. I’m excited to be part of this journey and look forward to connecting with people through the ‘Purest And More’ campaign.”

The association brings together one of India’s most recognised actors with one of the country’s most trusted precious metals brands at a time when consumer interest in certified physical gold, digital gold and sustainable precious metals solutions continues to grow. With Sidharth Malhotra as the face of the brand, MMTC-PAMP aims to further strengthen its leadership position while deepening engagement with a younger, digitally connected audience.
The campaign will be amplified across television, digital platforms, social media, print, retail stores and e-commerce channels, with dedicated creatives highlighting key offerings including digital gold and silver, festive gifting, Virasat recycled gold, Akshaya Tritiya, Diwali and MMTC-PAMP’s certified purity credentials.
Link to the TVC (YouTube):
Link to the TVC (Instagram):https://www.instagram.com/p/DciH4s7tim5//
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