Punjab National Bank has informed the Exchange about Newspaper Publication
PNB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PC Jeweller Limited has published its audited financial results for Q4 FY26 and full year ended March 31, 2026. Total consolidated income for the year stood at ₹3,352.88 crore, while net profit after tax came in at ₹714.46 crore, up significantly from ₹94.78 crore in the corresponding previous year period. Basic EPS for FY26 is ₹1.00 (annualised), up from ₹0.16 in Q4 FY25. However, the auditors have raised two material qualifications: (1) discounts of ₹183.16 crore extended to export customers in FY19 lack required approvals and supporting evidence, and (2) expected credit loss provisioning of ₹281.40 crore on outstanding export receivables may be inadequate, in the auditors' view. The company's export receivables remain under scrutiny with pending applications under FEMA for delayed realisation. This appears to be the same newspaper publication that was also filed under Punjab National Bank's exchange listing, though the company itself is PC Jeweller Limited.
While profit growth is strong year-on-year, the persistent audit qualifications — particularly around export receivables and ECL provisioning — signal ongoing regulatory and credit risk concerns that could weigh on investor sentiment and the stock price.