PC Jeweller described the development as the beginning of a significant milestone in its ongoing turnaround journey.

On 2 July 2026, the company had reported a 21% year-on-year growth in consolidated revenue for the quarter ended 30 June 2026 and reiterated that it was on track to achieve a debt-free status during the current quarter.

PC Jeweller is engaged in the manufacture, retail, and export of jewellery. The company offers a wide range of gold, diamond, silver, and gemstone jewellery, including bangles, rings, bracelets, and necklaces, catering to bridal, occasional, and daily wear requirements. It operates across 12 states through a mix of company-owned and franchisee-owned showrooms.

The company's consolidated net profit rose 61.31% to Rs 152.89 crore while net sales rose 32.66% to Rs 927.34 crore in Q4 March 2026 over Q4 March 2025.