PC Jeweller Reports Strong Financial Growth Amid Rising Interest Expenses

PC Jeweller, a midcap player in the Gems, Jewellery, and Watches industry, has recently undergone a financial trend adjustment reflecting its performance metrics for the quarter ending March 2025. The company reported a notable increase in several key financial indicators, showcasing its operational strengths. Profit Before Tax (PBT) less Other Income for the quarter reached Rs 95.39 crore, marking a significant growth of 303.3% compared to the previous four-quarter average. Additionally, the latest six-month Profit After Tax (PAT) stood at Rs 242.74 crore, while net sales hit a record high of Rs 699.02 crore. The company also achieved its highest PBDIT at Rs 145.04 crore and an operating profit to net sales ratio of 20.75%.
However, challenges remain, particularly with interest expenses, which surged to Rs 44.75 crore, reflecting a dramatic increase of 1,334.29%.

In terms of market performance, PC Jeweller has shown resilience over the past year, with a stock return of 166.04%, significantly outperforming the Sensex's 8.97% return. Over a three-year period, the company has delivered an impressive 539.01% return, compared to the Sensex's 51.47%. Despite some financial pressures, PC Jeweller's strong operational metrics indicate a robust recovery trajectory.