PC Jeweler Share Price: 6% rise in shares, 90% bank loan repaid, increased revenue, claim to be debt free soon

Business Desk – There was a strong rise in PC Jeweler Share Price on Friday. The company’s shares rose by about 6% to Rs 10.47. This surge comes after the business update for the financial year 2026-27 (Q1 FY27). The company said that its consolidated revenue in the first quarter has increased by about 21% year-on-year and it has paid off more than 90% of its bank loan. The company is expected to be completely debt free in the current quarter.

Shares rise due to Q1 business update

Releasing the business update for the first quarter of the financial year 2026-27, PC Jeweler said that the company’s operating performance remained strong. During this period, consolidated revenue recorded an increase of about 21% compared to the same period last year. The company says that this is a sign of continuous improvement in its business.

Company that has repaid more than 90% of bank loan

According to the company, during the first quarter it has reduced its outstanding bank loans by an additional 24% under the Joint Settlement Agreement. With this, after signing the Memorandum of Understanding (MoU) with the banks on September 30, 2024, the company has paid off more than 90% of its bank loan.

Hope to be debt free soon

PC Jeweler said that it expects to be completely debt free in the current quarter. The company believes that after the loan is extinguished, its financial position and balance sheet will be stronger than before, which will also help in business expansion in the future.

There was excellent performance in Q4 FY26 also

The company’s performance in the March 2026 quarter (Q4 FY26) was strong. During this period, consolidated net profit increased by 61% year-on-year to Rs 153 crore, which was Rs 95 crore in the same quarter last year. The company’s revenue increased by 33% from Rs 699 crore to Rs 927 crore.