PC Jeweller turns profitable in FY25 with Rs 577 cr net

PC Jeweller has reported a significant financial turnaround in the fourth quarter of the financial year 2024–25, registering a consolidated net profit of Rs. 94.78 crore, a sharp recovery from a net loss of Rs. 121.64 crore in the same period last year, as per a regulatory filing released on Sunday.

The jewellery retailer’s performance was driven by a substantial increase in revenue. Total income for Q4 surged to Rs. 699.02 crore, compared to Rs. 48.49 crore during the corresponding quarter of FY24.

In its statement, PC Jeweller described FY25 as a turnaround year for the company, highlighting a series of strategic financial moves. Among these, the company successfully raised Rs. 2,702.11 crore through a preferential issue of fully convertible warrants, which saw a subscription rate of 99.89 percent.