PC Jeweller Shares Surge 2.72% Following Strong Q4 Results and Expansion Plans
PC Jeweller shares rise 3% on strong Q4 performance, expansion plans
The Economic TimesImage: The Economic Times
PC Jeweller's shares increased by 2.72% to ₹8.69 after reporting a 32% year-on-year revenue growth in Q4 FY2026. The company aims to onboard 200,000 micro-entrepreneurs through a partnership with the National Skill Development Corporation, while also reducing its debt by 23% during the quarter.
- 01PC Jeweller's Q4 FY2026 revenue grew by 32% year-on-year.
- 02The company plans to onboard 200,000 micro-entrepreneurs in partnership with the National Skill Development Corporation.
- 03PC Jeweller reduced its outstanding bank debt by 23% during the quarter.
- 04A subsidiary has been established in Chad for precious metal extraction.
- 05The company is optimistic about demand during the upcoming summer wedding season.
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Shares of PC Jeweller rose 2.72% to ₹8.69 on the Bombay Stock Exchange (BSE) following a strong Q4 FY2026 performance, where standalone revenue increased by 32% year-on-year. For the full fiscal year, revenue surged approximately 49%, indicating progress in the company's turnaround strategy. In a significant move, PC Jeweller signed a Memorandum of Understanding with the National Skill Development Corporation to onboard up to 200,000 micro-entrepreneurs over five years, enhancing its retail presence and promoting employment in the gems and jewellery sector. Additionally, the company reduced its outstanding bank debt by 23% during the quarter, moving closer to its goal of becoming debt-free. A subsidiary was also established in the Republic of Chad for precious metal extraction, supporting the company's backward integration strategy. Looking ahead, PC Jeweller is optimistic about demand driven by the summer wedding season and upcoming festivals, planning further expansion and consistent operational performance to drive long-term growth and shareholder value.
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The onboarding of 200,000 micro-entrepreneurs could create numerous job opportunities and stimulate local economies within the gems and jewellery sector.
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