Q2FY27 business update: ~28% YoY revenue growth, debt-free status, Rs 142 crore export remittance

Consolidated revenue growth of approximately 28% YoY.

Wed 7 Oct 2026

Consolidated Revenue Growth

approximately 28% YoY

Export Debtor Remittances

approximately Rs 142 crores

Fund Raise

₹ 500 crore via preferential issue of equity shares and warrants completed on 24th September 2026

PC Jeweller has submitted a business update for the quarter ended 30th September 2026. The financial details given in it are stated to be provisional and subject to Limited Review by the Statutory Auditor.

Revenue growth

• The company reports a consolidated revenue growth of approximately 28% YoY for Q2FY2027.
• It attributes this to healthy consumer demand and describes the quarter as one with strong business momentum.

Export receivables

• The company received remittances of approximately Rs 142 crores during the quarter from its outstanding export debtors.
• It states that it had been working to resolve the issue of its outstanding export receivables, that negotiations have yielded positive results, and that the issue between the company and its export debtors has been resolved.
• Realisation of the outstanding export receivables has commenced with this remittance.

Debt-free status

• During the quarter ended 30th September 2026, the company says it achieved a Debt Free status after successful repayment of outstanding debt of all the banks.
• All repayments were completed ahead of the scheduled due dates.
• With no bank debts outstanding, the company states it will save on interest cost in the future, which it says will positively impact its bottomline and strengthen its balance sheet.

Fund raising completed

• The company's fund raising aggregating up to ₹ 500 crore by preferential issue of equity shares and Warrants was completed successfully on 24th September, 2026.
• This followed completion of conversion of all the Warrants allotted to Shri Balram Garg, Promoter.

How to read this update

• The update combines three items: a revenue growth figure, a cash inflow against old export dues, and a change in the company's borrowing position.
• It also confirms that a fund raising process that was in progress has now been completed, with the promoter's warrants converted.
• The revenue growth and other financial details are described as provisional and pending Limited Review by the Statutory Auditor.

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