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The Economic Times
The Economic Times
Business
Veer Sharma

PC Jeweller shares rally 5% after Q1 update; firm eyes debt-free status this quarter

Shares of PC Jeweller surged as much as 5% to Rs 10.40 on the BSE on Friday after the company reported its business update for the first quarter of FY27, highlighting revenue growth and further progress in reducing its debt.

The company said it delivered a strong operational performance in Q1 FY27, with consolidated revenue growing approximately 21% year-on-year (YoY). PC Jeweller added that it continues to make rapid progress towards its goal of becoming debt-free and expects to achieve that milestone during the current quarter.

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