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
GGJS 2026 Concludes With High-Volume Trade and Strategic Focus On Next-Gen Leadership
– The 16th edition of the Gujarat Gold Jewellery Show (GGJS 2026), jointly organized by GGJS and the Gold Ornaments Jewellers Wholesalers Association (GOWJA), successfully concluded its three-day B2B trade exhibition at the Helipad Exhibition Centre in Gandhinagar. The landmark event reinforced its position as a premier national platform for business networking, product sourcing, design innovation, and trade collaboration.
Under the leadership of GOWJA President Hiteshbhai Soni, Vice President Akshaybhai Mehta, and the organizing committee, GGJS 2026 recorded unprecedented trade visitor footfall, substantial bulk order placements, and strong participation from leading jewellers, manufacturers, wholesalers, and retail delegations across India.
Jointly organized by GGJS (Gujarat Gold Jewellery Show) & GOWJA (Gold Ornaments Jewellers Wholesalers Association), the B2B exhibition is creating a strong platform for business networking, product sourcing, market opportunities and industry collaboration, with a special focus on the participation and aspirations of the young jeweller’s community.


The grand inauguration was graced by Guests of Honour boCHE (Dr. Boby Chemmanur), Chemmanur International Jewellers, A.B.S. Sanjjay, AVR Swarna Mahal Jewellers, Pramod Dugar, India Gem & Jewellery Creation, , Anil Kataria, DP Abhushan Ltd, Ajay Talla, Talla Jewellers, along with Special Guests Surendra Mehta, National Secretary-IBJA, Ankit Vaidya, Founder & CEO- Jewel Partner, Dharmendra Soni,Past President -GOWJA, Shampatlal Jain, President -Shree Manekchowk Sona Chandi Dagina Jewellers Association and dignitaries and leaders from the GJ industry.Present at the inauguration were GOWJA President Hitesh Soni and Vice President Akshay Mehta and GOWJA committee members.


Following the opening ceremony, Day 1 featured the Young Jewellers Summit (J20), highlighting the next generation of industry leaders. Designed to empower young entrepreneurs looking to scale emerging ventures or modernize legacy businesses, the summit presented actionable insights into modern retail strategies, technology integration, and sustainable growth.
The summit featured two flagship panel discussions:
- The New Rules of Jewellery Growth – Focused on modern scaling strategies, digital expansion, and evolving consumer preferences.
- Building a Business That Can Outlive You – Explored legacy preservation, professionalization, and tech-driven business transformation.
Day 2 saw accelerated commercial momentum as thousands of regional wholesalers, elite retail buyers, and trade delegates visited the exhibition halls. Exhibitors presented an extensive range of collections, spanning cutting-edge craftsmanship, lightweight daily wear, and heavy bridal jewellery.
Key highlights of Day 2 included:
- High-Volume B2B Engagement: Nationwide buyers placed substantial bulk orders, reflecting strong retail demand rebound ahead of the upcoming festive and wedding seasons.
- Operational Excellence: Streamlined visitor hospitality and floor management facilitated efficient business negotiations and trade deals.
- Knowledge Sharing: Industry seminars and walkthroughs addressed BIS hallmarking compliance, sustainable trade practices, and the integration of AI-driven inventory management tools.
GGJS 2026 wrapped up on a high note, delivering measurable business value to exhibitors and attendees alike. The event bridged classic craftsmanship with modern enterprise management, serving as an incubator for long-term partnerships and market growth. From empowering young entrepreneurs at the J20 Summit to facilitating high-value commercial transactions, this edition has demonstrated the resilience, dynamism, and future-readiness of the Indian jewellery sector.
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