PC Jeweller Shares Hit 5% Upper Circuit; Reports Strong Q3 FY25 Results

PC Jeweller’s stock opened today at ₹14.97 and quickly surged to ₹15.71 at 9:40 AM on the BSE, marking a 5% gain. The stock has been rising for the third consecutive session, following a nearly 4.9% gain yesterday. The day’s high reached ₹15.71, while the low was ₹15.70, indicating steady upward momentum. The previous closing price was ₹14.97.

Q3 FY25 Financial Highlights

PC Jeweller’s Q3 FY25 results showed a remarkable recovery, with net profit rising to ₹148 crore compared to a loss of ₹198 crore in the same quarter of the previous year. This improvement comes on the back of a strong demand for jewellery driven by the festive and wedding season.

Revenue surged by nearly sixteen times, reaching ₹639 crore in Q3 FY25. A key factor for this strong performance was the higher gold prices, which led consumers to prefer lighter and lower-carat jewellery, helping to boost sales.

Festive Surge Powers PC Jeweller’s Q3 Bounce Back

Despite earlier challenges related to liquidity and disputes with some of its lenders, which affected profitability in past quarters, the company’s strong festive demand recovery is evident in these results. This performance stands in contrast to peers such as Kalyan Jewellers, which also saw good growth driven by similar seasonal factors.

PC Jeweller’s strong Q3 FY25 results and stock performance have garnered attention, with shares climbing by 5%, signalling positive investor sentiment and confidence in the company’s recovery and future prospects.

About PC Jeweller

PC Jeweller is an established Indian jewellery retailer that started its journey in 2005 with the opening of its first showroom in New Delhi. The company has since expanded significantly, operating across 42 cities and 14 states in India. Known for its focus on wedding and fine jewellery.

It has also ventured into online retail through its platform. Over the years, the company has continuously expanded its retail presence, with numerous showrooms and state-of-the-art manufacturing units.

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