PC Jeweller Q3 Profit Jumps 31% on Festive Demand, Margin Expansion

• PC Jeweller reported a 31% year-on-year increase in net profit to ₹190 crore for Q3, driven by strong festive and wedding-season demand.
• Revenue from operations surged 37% to ₹875 crore, with EBITDA rising nearly 80% to ₹201.3 crore.
• EBITDA margin expanded significantly to 23% from 17.5% a year earlier, reflecting improved cost efficiencies.
• The company aims to become debt-free, having reduced outstanding debt by 68% since September 2024, with remaining debt expected to be covered by March 2026.
• PC Jeweller plans to open up to 100 large franchise showrooms and signed an MoU with the Uttar Pradesh government for rural expansion.

Why It Matters: PC Jeweller's Q3 profit soared due to strong festive demand, margin growth, and strategic debt reduction.