PC Jeweller Limited became debt-free after clearing around Rs 3,000 crore in dues to all 14 consortium banks under a one-time settlement from September 2024, receiving no-objection, no-dues and release letters with all mortgaged assets, title deeds, charges and personal and corporate guarantees released. The company also reported 28% year-on-year growth in consolidated revenue for Q2 FY27 on healthy demand and received Rs 142 crore in remittances from export debtors, while expecting lower interest costs to support profitability.

PC Jeweller Limited reported 28% year-on-year growth in consolidated Q2 revenue on healthy demand, received Rs 142 crore from outstanding export debtors, and achieved debt-free status after repaying its outstanding debt.

PC Jeweller Limited concluded Q2 FY2027 with consolidated revenue growth of approximately 28 per cent year-on-year, citing healthy consumer demand and strong business momentum.