PC Jeweller Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- PC Jeweller Ltd reported a 24.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 1471.8%.
- Its expenses for the quarter were up by 25.9% QoQ and 119.3% YoY.
- The net profit decreased 17.3% QoQ and decreased 174.7% YoY.
- The earnings per share (EPS) of PC Jeweller Ltd stood at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 683.44 | 548.54 | 43.48 | 24.6% | 1471.8% |
Total Expenses | 535.43 | 425.12 | 244.13 | 25.9% | 119.3% |
Profit Before Tax | 148.01 | 123.42 | -200.65 | 19.9% | -173.8% |
Tax | 0.05 | -55.46 | -2.67 | -100.1% | -101.9% |
Profit After Tax | 147.96 | 178.88 | -197.98 | -17.3% | -174.7% |
Earnings Per Share | 0.20 | 3.80 | -4.30 | -94.7% | -104.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
PC Jeweller Ltd is a renowned jewelry retail company in India, primarily engaged in the design, manufacture, and marketing of a wide range of jewelry products. The company operates in the luxury goods sector, offering a diverse collection of gold, diamond, and other gemstone-studded jewelry. PC Jeweller has established a significant retail presence across the country with several showrooms. While the jewelry industry has historically been driven by cultural and festive buying patterns, any recent major developments specific to PC Jeweller are not available from the provided data.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), PC Jeweller Ltd reported total income of ₹683.44 crores. This reflects a quarter-over-quarter (QoQ) increase of 24.6% from ₹548.54 crores in the second quarter of fiscal year 2025 (Q2FY25). Year-over-year (YoY) comparison shows a significant rise of 1471.8% from ₹43.48 crores in the third quarter of fiscal year 2024 (Q3FY24). These figures highlight a substantial change in the company's revenue performance over the year.
Profitability
In Q3FY25, PC Jeweller recorded a profit before tax of ₹148.01 crores, marking a 19.9% increase from the previous quarter's ₹123.42 crores. When compared to the same quarter in the previous year, which had a negative profit before tax of ₹-200.65 crores, the improvement is notable. The tax expense for Q3FY25 was marginal at ₹0.05 crores, compared to a tax benefit in Q2FY25 of ₹-55.46 crores, and a tax expense of ₹-2.67 crores in Q3FY24. The profit after tax for Q3FY25 was ₹147.96 crores, a decrease of 17.3% from the previous quarter's ₹178.88 crores, but a significant turnaround from a loss of ₹-197.98 crores in Q3FY24.
Operating Metrics
Earnings per share (EPS) for Q3FY25 stood at ₹0.20, which is a substantial decrease of 94.7% QoQ from ₹3.80 in Q2FY25. However, this is a considerable improvement from the negative EPS of ₹-4.30 in Q3FY24. This indicates changes in the earnings capacity of the company on a per-share basis. Total expenses for Q3FY25 amounted to ₹535.43 crores, which is an increase of 25.9% from ₹425.12 crores in Q2FY25, and a YoY rise of 119.3% from ₹244.13 crores in Q3FY24. These operating metrics suggest variations in cost management and profitability dynamics over the periods considered.
