Analysts believe that the gems and jewellery related sector is likely to benefit from the India-US trade deal.
PC Jeweller Ltd on Tuesday reported a 28 per cent increase in its consolidated net profit at Rs 190.10 crore in the quarter ended December, mainly on festive demand. Its net profit stood at Rs 147.96 crore in the year-ago period. Total income grew to Rs 900.51 crore in the October-December period of this fiscal from Rs 683.44 crore in the corresponding period of the preceding year, according to a regulatory filing. PC Jeweller MD Balram Garg said the company has posted a resilient operational performance in the third quarter of this fiscal, "driven by continued consumer demand during the festive and wedding season." On the balance sheet front, he said the company continues to make steady progress towards its stated objective of becoming debt-free. "Since the execution of the settlement agreement with banks on 30 September 2024, the company has reduced its outstanding debt by approximately 68 per cent, reflecting a significant improvement in its financial position and reaffirming .
PC Jeweller reported a 37 per cent Y-o-Y growth in the standalone revenue during October-December (Q3FY26), according to the business update.
Jewellery demand is anticipated to see an uptick in H2FY26, given the higher number of weddings, up by 7-8 per cent
With gold prices correcting from its high and festive pickup in sales, ICICI Securities expects Titan's EBIDTA margins to sequentially improve in Q3 with better margins in its core jewellery business.
PC Jeweller Ltd on Thursday said its revenue grew about 63 per cent year-on-year in the second quarter of this fiscal on better demand for gold jewellery during the festive season. Delhi-based PC Jeweller, which has 52 showrooms, of which 49 are company-owned, further reduced its debt by 23 per cent during the latest September quarter. In a regulatory filing, Delhi-based PC Jeweller shared operational update for the July-September quarter of the 2025-26 fiscal. The company informed that it has posted a strong performance in the July-September period, driven by strong consumer demand during the ongoing festive season. The company achieved "standalone revenue growth of approximately 63 per cent compared to the corresponding quarter of the previous financial year", it added. During the quarter, the company expanded its retail presence by opening a franchise-owned showroom in Pitampura, Delhi. To expand business, the company has adopted a strategy of balanced growth through a mix of