PC Jeweller Reports ~21% YoY Revenue Growth in Q1FY27, Targets Debt-Free Status

PC Jeweller reported a consolidated revenue growth of approximately 21% year-on-year for the quarter ended June 30, 2026, reflecting continued momentum in its ongoing business turnaround. The jewellery retailer also made significant strides in debt reduction during the period, reinforcing its improving financial health.

Debt Reduction Progress

PC Jeweller reduced its outstanding debt by approximately 24% during Q1FY27 alone, bringing the cumulative reduction to more than 90% since the execution of the Joint Settlement Agreement with banks on September 30, 2024. The company has indicated that it expects to achieve a debt-free status in the current quarter, a milestone that would mark a decisive turning point in its financial restructuring journey.

The operational performance reflects significant progress in the company's turnaround, with a continued focus on reducing liabilities payable to banks under the terms of the Joint Settlement Agreement. The financial details provided are provisional and subject to Limited Review by the Statutory Auditor.

Key Financial Highlights for Q1FY27

The following table summarises the key financial and operational metrics reported for Q1FY27:

Metric:	Performance:
Consolidated Revenue Growth	~21% YoY
Debt Reduction (Q1FY27)	~24%
Total Debt Reduction (Since Sep 30, 2024)	>90%
Debt-Free Status Target	Current Quarter

Vishan Deo, Executive Director (Finance) & CFO, signed the business update on July 02, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+12.19%	+12.19%	+6.60%	+5.91%	-24.64%	+267.54%

Shivani Gupta, a member of the Promoter Group, has confirmed that she did not create any direct or indirect encumbrance on her shareholding in pc jeweller during the financial year ended 31 March 2026. This disclosure provides assurance to investors regarding the status of the promoter's pledged shares, a key metric for assessing corporate governance and financial risk.

The confirmation was submitted to the Listing Compliance Departments of the National Stock Exchange of India Limited and BSE Limited. The filing was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates annual disclosures by promoters regarding encumbrances on their holdings.

Regulatory Compliance

The letter addressed to the exchanges explicitly states that no encumbrance was made on the shares held by the promoter during the specified period. A copy of the disclosure was also forwarded to the Audit Committee of PC Jeweller Limited, located in New Delhi, for internal records and governance purposes.