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PC Jeweller Ltd Q2FY24; 50% 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 Q2FY24 of ₹449.00 Crores down from ₹898.00 Crore year on year, a fall of 50.0%.

Total Expenses for Q2FY24 of ₹632.00 Crores down from ₹879.00 Crores year on year, a fall of 28.1%.

Consolidated Net Profit of -₹138.00 Crores from ₹86.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹2.97, from ₹1.85 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.

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