{"id":4522,"date":"2024-10-20T14:15:45","date_gmt":"2024-10-20T08:45:45","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4522"},"modified":"2024-10-20T14:15:47","modified_gmt":"2024-10-20T08:45:47","slug":"pc-jeweller-reports-massive-q2-turnaround-with-1430-revenue-surge-pat-reaches-%e2%82%b9179-crores","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/pc-jeweller-reports-massive-q2-turnaround-with-1430-revenue-surge-pat-reaches-%e2%82%b9179-crores\/","title":{"rendered":"PC Jeweller Reports Massive Q2 Turnaround with 1430% Revenue Surge, PAT Reaches \u20b9179 Crores"},"content":{"rendered":"\n<p>PC Jeweller has delivered a standout performance in the second quarter of FY24-25, showcasing a strong financial rebound. The company\u2019s consolidated revenue soared by an astounding 1430%, reaching \u20b9505 crores in Q2 FY25, up from just \u20b933 crores in the same period last year. In a significant turnaround, the company posted a profit after tax (PAT) of \u20b9179 crores, recovering from a loss of \u20b9152 crores in Q2 FY24.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strong Quarterly Performance<\/h3>\n\n\n\n<p>PC Jeweller\u2019s Q2 FY25 financial results reflect a resurgence in both revenue and profitability. The revenue growth was primarily driven by a rise in domestic demand and increased footfall in stores. The company\u2019s EBITDA also saw a remarkable improvement, reaching \u20b9129 crores, compared to a loss of \u20b923 crores in Q2 FY24.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Segment Performance<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Domestic Retail:<\/strong> Domestic sales jumped to \u20b9505 crores in Q2 FY25, a significant rise from \u20b933 crores in the corresponding quarter of the previous year. This surge was fueled by increased consumer confidence and better customer engagement.<\/li>\n\n\n\n<li><strong>EBITDA Margin:<\/strong> The EBITDA margin improved drastically to over 25%, highlighting the company\u2019s operational efficiency. This marks a stark contrast to the losses suffered in the same quarter last year.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Noteworthy Highlights:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue:<\/strong> \u20b9505 crores in Q2 FY25, up from \u20b933 crores in Q2 FY24.<\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> \u20b9129 crores, reversing from a loss of \u20b923 crores in Q2 FY24.<\/li>\n\n\n\n<li><strong>PAT:<\/strong> \u20b9179 crores, recovering from a loss of \u20b9152 crores in Q2 FY24.<\/li>\n<\/ul>\n\n\n\n<p>Additionally, a key factor contributing to the company\u2019s improved performance was the reduction in customs duty on gold imports, dropping from 15% to 6%, which played a vital role in the favorable Q2 results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PC Jeweller has delivered a standout performance in the second quarter of FY24-25, showcasing a strong financial rebound. The company\u2019s consolidated revenue soared by an astounding 1430%, reaching \u20b9505 crores in Q2 FY25, up from just \u20b933 crores in the same period last year. In a significant turnaround, the company posted a profit after tax [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[537],"class_list":["post-4522","post","type-post","status-publish","format-standard","hentry","category-results","tag-pc-jeweller-result-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4522"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4522\/revisions"}],"predecessor-version":[{"id":4523,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4522\/revisions\/4523"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}