PC Jeweller Board Approves Financial Results, Franchise Expansion, and New Showrooms

PC Jeweller’s board has approved the unaudited financial results for Q3 and nine months ending December 31, 2025, showing revenue increases. They also approved expanding their franchise network, particularly in rural areas, and plan to open 100 new large franchise showrooms in the next 12-18 months. Vivek Jain was appointed Chief Information Officer.

Financial Performance Approved

The Board of Directors approved the unaudited standalone and consolidated financial results for Q3 and the nine months ending December 31, 2025. Limited review reports from the statutory auditor were noted. Q3FY26 sales increased by 37% YoY to ₹875 crores. Profit Before Tax (PBT) increased by 29% to ₹189 crores. For 9MFY26, sales increased by 57% to ₹2,426 crores, and PBT increased by 58% to ₹557 crores.

Franchise Expansion and New Showrooms

The board approved registering PC Jeweller as a franchisee brand across various states and union territories, capitalizing on the response to the Chief Minister – Yuva Udyami Vikas Abhiyan campaign in Uttar Pradesh. This initiative aims to provide employment opportunities and expand the company’s retail footprint into untapped rural and semi-urban markets.

To expand the Company’s business, the Board approved opening up to 100 large franchise showrooms over the next 12-18 months. This strategy intends to increase market share without significant capital investment.

Leadership Changes

Shri Vivek Jain has been appointed as Chief Information Officer, effective February 1, 2026. Smt. Sheiba Anand resigned as President (Retail Operations) effective January 27, 2026, due to relocation.

Debt Reduction

The company has reduced its outstanding debt by approximately 68% since the settlement agreement with banks on September 30, 2024 and continues to progress towards becoming debt-free.

Source: BSE

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