PC Jeweller’s board has approved its unaudited financial results for Q3 FY26, revealing a 37% YoY revenue increase. The company plans to onboard as a franchisee brand across various states, open 100 large franchise showrooms in the next 12-18 months, and appointed Vivek Jain as Chief Information Officer. Sheiba Anand resigned as President (Retail Operations).
Financial Performance Highlights
The Board approved the unaudited standalone and consolidated financial results for Q3 FY26 (October-December 2025). Key highlights include:
- Sales: Increased by 37% YoY to ₹875 crores.
- Gross Profit: Increased by 63% to ₹219 crores.
- EBITDA: Increased by 46% to ₹225 crores.
- PBT: Increased by 29% to ₹189 crores.
- PAT: Increased by 28%.
Strategic Expansion Initiatives
PC Jeweller is expanding its market presence with the following initiatives:
- Franchisee Brand Onboarding: The company will register as a franchisee brand with various states/union territories, leveraging the Chief Minister – Yuva Udyami Vikas Abhiyan campaign.
- Large Franchisee Showrooms: Approved opening up to 100 large franchisee showrooms during the next 12-18 months.
Management Changes
The Board announced the following management changes:
- Vivek Jain: Appointed as Chief Information Officer, effective February 01, 2026.
- Sheiba Anand: Resigned as President (Retail Operations), effective January 27, 2026.
Debt Reduction
The company has reduced its outstanding debt by approximately 68% since the execution of the Settlement Agreement with banks on September 30, 2024. They also expect the realization of funds by March 2026 to become a debt-free company.
Source: BSE
