PC Jeweller is on track to be debt-free by FY26
Business
PC Jeweller just had a strong quarter, with profits rising 17% to ₹209 crore and revenue jumping 63%—thanks in part to festive shoppers.
The company is making moves to get its finances in shape and is feeling upbeat about what's next.
The company is 'on track' to reach that goal
PC Jeweller nearly doubled its operating profit and slashed bank debt by 23%, putting it closer to being debt-free by FY26.
The company says it is "on track" for that goal, which means more room for expanding their over-50 showroom network.
For anyone watching how Indian brands bounce back and grow, this is one worth keeping an eye on.