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PC Jeweller Ltd Q1FY24; 88% fall in Revenue

PC Jeweller is engaged in the business of manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The Company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai based firms. The company has a team of in-house designers.

Financial Results:

PC Jeweller Ltd reported Revenues for Q1FY24 of ₹68.00 Crores down from ₹547.00 Crore year on year, a fall of 87.57%.

Total Expenses for Q1FY24 of ₹243.00 Crores down from ₹592.00 Crores year on year, a fall of 58.95%.

Consolidated Net Profit of -₹172.00 Crores from ₹74.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹3.69, from ₹1.60 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: jewellery
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