National News

PC Jeweller Soars 33% in Two Days on Strong Q1 Revenue Growth and Debt Reduction Plans

Standalone revenue jumps 80% YoY in Q1FY26; company targets becoming debt-free by FY26

Published

11 months ago

July 9, 2025

PC Jeweller Ltd witnessed a sharp rally in its stock price over the past two trading sessions, surging by 33% to touch ₹18.69 on the BSE. The surge followed an upbeat business update for the quarter ended June 30, 2025 (Q1FY26), where the company reported a standout 80% year-on-year increase in standalone revenue.

In Monday’s session alone, the stock advanced 11.8%, reflecting heightened investor optimism on the back of strong operational performance and a clear path toward financial deleveraging.

The company attributed the robust growth to high customer demand during the wedding and festive season, which continued to drive strong sales across key markets. Notably, this surge in revenue came despite considerable volatility in gold prices—showcasing customer resilience and trust in the PC Jeweller brand.

In its official filing, the company described Q1 as “very promising and fulfilling,” highlighting that sustained goodwill and brand equity have enabled it to clock a “robust performance.”

Beyond top-line growth, PC Jeweller also emphasized its focus on strengthening its financial fundamentals. The company has been steadily reducing its outstanding debt, having cut its obligations to bankers by over 50% during FY24–25. In Q1FY26, it further trimmed its debt by another 7.5%, reinforcing its commitment to achieving a debt-free status by the end of FY26.

“The company continues to revamp and strengthen all aspects of its operations, the results of which are clearly visible in its financial performance,” the management noted in a statement. It added that the company remains optimistic about maintaining strong momentum in the upcoming quarters.

PC Jeweller’s strong quarterly update and visible progress on debt reduction have caught the attention of both retail and institutional investors, marking a potential turnaround story for the jewellery brand that has seen significant headwinds in previous years.

As it continues to streamline operations and strengthen its balance sheet, PC Jeweller is positioning itself to capture further growth opportunities in India’s ever-resilient gold and jewellery market.

Related Topics:2025 nationalnews PC Jeweller

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National News

Harit Zaveri Jewellers Celebrates A Bride’s Royal Spirit In An Indian Wedding With Its New Polki Collection

A Celebration Of Regal Femininity, Heirloom Craftsmanship, and The Refreshing Depth Of Emeralds.

Published

1 day ago

June 4, 2026

JewelBuzz Spread The Buzz

June 2026 A bride’s jewellery is never merely ornamental, it carries sentiment, memory, and the quiet power of tradition. With its newest Polki Collection, Harit Zaveri Jewellers introduces a refined take on royal Indian bridal jewellery, thoughtfully designed for the modern bride who embraces heritage while expressing her individuality with confidence and grace.

Crafted between 18kt to 14kt gold and enriched by Emeralds, Harit Zaveri Jewellers Polki collection celebrates a bride in her most transformative moment – poised between reflection and becoming. Every jewellery piece in the collection is designed to accompany her through this pause.

At the heart of the collection lies the richness of polki craftsmanship – raw, uncut diamonds admired for their old-world charm and regal appeal, long associated with royal Indian heirlooms. Paired with vivid emeralds, known to symbolise renewal, harmony, love, and abundance, the collection brings together heritage and elegance. The richness of green emeralds adds depth and freshness, creating jewels that feel both classic and strikingly modern.

The collection features an expansive range of statement and versatile pieces including necklaces, kadas, rings, earrings, and bridal sets, thoughtfully embellished with emeralds, pearls, and polki detailing.

This collection from Harit Zaveri Jewellers compliments classic reds and heritage weaves to contemporary ivories, pastels, and couture silhouettes. Whether layered with a traditional lehenga, paired with a modern sari drape, or styled for intimate pre-wedding celebrations, these pieces seamlessly adapt while elevating every bridal look with a quiet majesty.

These pieces are envisioned as modern heirlooms, where meticulous craftsmanship, precious materials, and timeless artistry come together to create pieces worthy of being passed down through generations.

Harit Zaveri, Joint Managing Director at Harit Zaveri Jewellers said:

“At Harit Zaveri Jewellers, we have always believed bridal jewellery should feel personal, something that reflects a bride’s story and individuality. Many of our clients naturally gravitate towards one-of-a-kind pieces that resonate with their personality and become part of their memories for years to come. With this Polki collection, we wanted to celebrate craftsmanship with the richness of emeralds, a stone that beautifully complements a variety of bridal colours and effortlessly completes a look. Above all, quality remains at the heart of everything we create because we believe jewellery should feel as enduring as the memories and moments attached to it.”