Indian jewellery giant PC Jeweller has delivered an impressive financial performance for the second quarter of fiscal year 2026, showcasing remarkable growth across all key metrics driven by robust consumer spending during the festive season.
Exceptional Financial Performance
The company announced its September quarter results on November 11, 2025, revealing a substantial 17.3% year-on-year increase in profit, which climbed to ₹210 crore in Q2FY26. This profit surge was complemented by an even more impressive revenue growth story.
PC Jeweller's standalone revenue skyrocketed by 63% year-on-year to reach ₹825 crore during the quarter, a significant jump from the ₹505 crore recorded in the same period last year. This outstanding performance underscores the company's strong market position and effective business strategy.
Operating Metrics Show Strong Fundamentals
The company's operational efficiency was particularly noteworthy, with EBITDA surging by an impressive 91% to ₹246 crore in Q2FY26, compared to ₹129 crore in the corresponding quarter of the previous fiscal year.
Perhaps the most striking performance indicator was the operating profit after tax, which nearly doubled with a 99% year-on-year growth. Excluding exceptional items such as income tax refunds and related interest, the operating PAT jumped from ₹102 crore in Q2FY25 to ₹202.5 crore in Q2FY26.
Festive Season Drives Growth Momentum
The company attributed this exceptional performance to sustained consumer demand throughout the festive season, which traditionally sees increased jewellery purchases for weddings and celebrations. The Indian jewellery sector has been experiencing a strong recovery post-pandemic, and PC Jeweller's results indicate the company is capitalizing effectively on this trend.
The Q2 results demonstrate PC Jeweller's ability to leverage seasonal demand patterns while maintaining strong operational controls. The substantial growth in both top-line and bottom-line metrics suggests the company is well-positioned to maintain its growth trajectory in the competitive Indian jewellery market.
