PC Jeweller Ltd. delivered impressive financial results for the June quarter, with consolidated net profit rising 37.2% year-on-year to ₹222 crore, compared with ₹153 crore in the corresponding quarter last year, according to CNBC TV18. This significant profit growth demonstrates the company's strong operational performance and market positioning in the jewellery sector. PC Jeweller shares gained 5% to ₹10.57 in Tuesday's trading session after the strong quarterly performance was announced. On a quarter-on-quarter basis, PAT increased 45.32% from ₹152.89 crore in the March quarter, indicating sustained momentum in the business. The stock opened at ₹10.20 apiece, up from the previous close of ₹9.82 on Monday, and touched an intraday high of ₹10.57 on August 11.
The standout performance came from Consolidated Operating PAT, excluding other income, which surged to ₹213 crore in Q1FY27 from ₹79 crore in the year-ago quarter, as reported by The Economic Times. This translates into an impressive 168% YoY growth, highlighting a substantial improvement in the company's core business performance. The company's revenue from operations increased 21% to ₹877.04 crore from ₹724.91 crore a year earlier, signalling continued growth in the company's core business operations. However, revenue declined 5.4% from ₹927.34 crore in the March quarter, as reported by CNBC TV18.
During the quarter, PC Jeweller completed a ₹2,702.11 crore fundraising through a preferential issue of fully convertible warrants, with 93% of the issue proceeds realised, according to CNBC TV18. Since the end of the quarter, promoters have converted an additional 4.16 crore warrants into equity shares. The company has continued to receive support from its promoters following the quarter-end, with an additional 4.16 crore warrants converted into equity shares. According to the company, the continued promoter participation reflects confidence in its growth prospects while also strengthening its equity base and aligning promoter interests with long-term shareholder value creation.
The company entered into memorandums of understanding with the National Skill Development Corporation (NSDC) and the Uttar Pradesh government under the Chief Minister Yuva Udyami Vikas Abhiyan scheme, as reported by CNBC TV18. Under its partnership with NSDC, PC Jeweller will act as the industry and franchise partner for the gems and jewellery sector under the National Entrepreneurs Empowerment Drive (NEED). The initiative envisages onboarding up to 2,00,000 micro-entrepreneurs across India over five years under the PC Jeweller brand. As of June 30, 2026, the company had a total retail area of 2.05 lakh square feet with its showroom network spread across 12 states, in addition to its e-commerce platform.
On the technical front, the stock's 14-day Relative Strength Index (RSI) stands at 55.6, indicating a neutral to positive technical setup, according to The Economic Times. The stock is also trading above all 8 key Simple Moving Averages (SMAs), indicating a positive technical setup. The company also expanded beyond retail operations, with its step-down subsidiary PCJ Mining SARL receiving a licence for semi-mechanised artisanal gold mining in Chad. In July, the board approved a proposal to raise up to ₹1,000 crore through a qualified institutional placement (QIP), subject to required approvals, with the proposed fundraise expected to support future growth opportunities and improve financial flexibility.
