PC Jeweller shares rally over 12% in 2 days after company posts profit in Q3 from loss year-ago

Shares of PC Jeweller climbed as much as 6.9% on Thursday to Rs 16.80 on the BSE, marking a 12.2% rise over the past two trading sessions. The sharp rally followed the jewellery maker’s turnaround from loss to profit in the third quarter ended December, a rebound from the year-ago period when it posted a net loss. The recovery was driven by a nearly fifteen fold jump in revenue and a resurgence in business momentum.

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PC Jeweller reported a net profit of Rs 148 crore in Q3 FY25, a sharp rebound from a net loss of Rs 197.98 crore in the same period last year. The company’s revenue from operations surged 1,496% year-over-year (YoY) to Rs 639.45 crore in the third quarter, compared with just Rs 40.06 crore in the year-ago period, underscoring a strong business recovery.


The sharp rise in expenses, up 119% YoY to Rs 535 crore, was attributed to a higher cost of materials consumed and increased stock purchases, reflecting strong demand during the festive season.

PC Jeweller’s stock has delivered stellar returns, surging 205.51% over the past year and 78% in the last six months. The company’s shares have gained over 684% in five years, reaching a 52-week high of Rs 19.60 on December 18, 2024, while the 52-week low was Rs 4.41 on June 5, 2024.

Institutional interest in the stock has also risen, with foreign institutional investors or FIIs increasing their stake to 5.55% since September, while the Life Insurance Corporation of India (LIC) now holds a 1.16% stake as of the December quarter, the company filing showed.

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