PC Jeweller reports Q3 net profit of Rs 148 crore

PC Jeweller Ltd posted a consolidated net profit of Rs 148 crore ($17 million) for the quarter ending Dec. 31, compared with a loss of Rs 198 crore a year earlier.

The company’s revenue for the quarter rose to Rs 639 crore, as against Rs 40 crore in the corresponding quarter of the previous fiscal year.

“This quarter has witnessed a strong jewellery demand owing to festive and wedding season. The company’s growth has exhibited a robust momentum fuelled by increase in consumer footfall and purchases. The same has replicated into its financials for Q3 FY 2025,” PC Jeweller said in its results presentation.

“In line with the positive developments that have been achieved by the company in the current financial year so far, the company had again started focusing on business development, increasing its brand presence and had started its marketing initiatives for the same, which has had a visible impact on the company’s performance in Q1 and Q2 FY 2025 and has continued in the Q3 FY 2025 as well,” it added.

During the quarter, the company closed its stores at Preet Vihar and Allahabad to end the year with 55 showrooms spread in 15 states across India.