After a challenging financial stretch, PC Jeweller has staged a strong recovery, posting a consolidated net profit of ₹94.78 crore for the fourth quarter of FY25. The jewellery retailer had reported a net loss of ₹121.64 crore in the same quarter last year, marking a significant turnaround.
The company attributed its return to profitability to a sharp surge in revenue. Total income for the quarter rose to ₹699.02 crore—up dramatically from ₹48.49 crore in Q4 FY24.
For the full fiscal year, PC Jeweller reported a consolidated net profit of ₹577.70 crore, compared to a loss of ₹629.36 crore in FY24. Management hailed FY25 as a pivotal year, supported by strategic fundraising and an improved operational outlook.
As disclosed in a regulatory filing, the company successfully raised ₹2,702.11 crore through a preferential allotment of fully convertible warrants, with a 99.89% subscription rate. In addition, PC Jeweller finalized a Settlement Agreement with its consortium of banks, meeting all its obligations on time.
The company also made significant strides in deleveraging, reducing its outstanding debt to lenders by approximately 50%. It has expressed confidence in becoming fully debt-free by the end of FY26.
“With a strong capital infusion and a structured debt resolution plan, PC Jeweller is now well-positioned for sustainable growth,” the company stated.
As of March 31, 2025, PC Jeweller operated 52 retail locations, including 49 company-owned outlets and three franchise stores, underscoring its retail strength as it moves into a new growth phase.
Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.
