CatalystIndia
PC Jeweller share price to be in focus as Q2 net profit jumps 58%; can the stock extend its 482% rally in 3 years?
Q2 net profit jumped 58%, keeping PC Jeweller shares in focus after a 482% three-year rally.
Context
What happened: PC Jeweller reported Q2FY27 results after market hours on October 21, with net profit up 58% and revenue up 28%, and said it achieved debt-free status after repaying all 14 consortium banks ahead of schedule.
Key numbers: Net profit ₹331 crore vs ₹210 crore. Revenue ₹1,054 crore vs ₹825 crore. EBITDA ₹309 crore vs ₹178 crore.
Why it matters: Management attributed the performance to healthy consumer demand during the festive and wedding season, and said the franchise model is drawing strong interest from prospective partners in metros and Tier II and Tier III cities.
What changed
PC Jeweller reported Q2FY27 results after market hours on October 21, with net profit up 58% and revenue up 28%, and said it achieved debt-free status after repaying all 14 consortium banks ahead of schedule.
Why it matters
Management attributed the performance to healthy consumer demand during the festive and wedding season, and said the franchise model is drawing strong interest from prospective partners in metros and Tier II and Tier III cities.