PC Jeweller Limited has informed the Exchange regarding 'Business update for the Quarter ended 31st March 2026'.
PCJEWELLER · price
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PC Jeweller Limited reported strong Q4FY2026 standalone revenue growth of approximately 32% YoY, with full-year FY2026 revenue growth of around 49% YoY, marking significant progress in its turnaround. The company signed an MoU with the National Skill Development Corporation (under the Ministry of Skill Development, Government of India) to onboard up to 2,00,000 micro-entrepreneurs as franchise partners under the PC Jeweller brand over 5 years. Financially, the company reduced its outstanding debt under the Joint Settlement Agreement by approximately 23% and is on track to become debt-free. Additionally, a new subsidiary PCJ Mining SARL was incorporated in the Republic of Chad to explore precious metal ore extraction, aiming for vertical integration.
The strong revenue growth and debt reduction signal improving financial health and operational turnaround, which could be positive for shareholders. The skill development MoU and mining venture represent new growth avenues but are early-stage initiatives without immediate revenue impact.