logo
PC Jeweller Q1 Results: Profit rises 4% to Rs 162 crore, revenue up at Rs 808 crore

PC Jeweller Q1 Results: Profit rises 4% to Rs 162 crore, revenue up at Rs 808 crore

Time of India3 days ago
P C Jeweller Ltd on Friday reported a 4 per cent increase in its consolidated net profit to Rs 161.93 crore for the
quarter
ended June 2025.
Its net profit stood at Rs 156.06 crore in the year-ago period.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Public Policy
Degree
Product Management
others
Healthcare
Artificial Intelligence
Technology
Finance
Operations Management
Digital Marketing
Project Management
Leadership
healthcare
Data Analytics
MCA
MBA
CXO
Cybersecurity
Data Science
Others
PGDM
Design Thinking
Management
Data Science
Skills you'll gain:
Duration:
12 Months
IIM Calcutta
Executive Programme in Public Policy and Management
Starts on
undefined
Get Details
Skills you'll gain:
Economics for Public Policy Making
Quantitative Techniques
Public & Project Finance
Law, Health & Urban Development Policy
Duration:
12 Months
IIM Kozhikode
Professional Certificate Programme in Public Policy Management
Starts on
Mar 3, 2024
Get Details
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Elegant New Scooters For Seniors In 2024: The Prices May Surprise You
Mobility Scooter | Search Ads
Learn More
Undo
Total income surged to Rs 807.88 crore during the April-June period of 2025-26 fiscal from Rs 439.78 crore in the corresponding period of the preceding year, according to a regulatory filing.
Last month, the company's board approved a plan to raise Rs 500 crore
equity
from promoters and
Capital
Ventures Pvt Ltd to prepay its loan, as part of its plan to become debt-free by the end of this fiscal.
Delhi-based PC Jeweller has a total of 52 showrooms, of which 49 are company-owned.
Live Events
The company had posted a net profit of Rs 577.70 crore and a total income of Rs 2,371.87 crore during the entire 2024-25 fiscal.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Godrej Properties shares rise 2% after 15% YoY surge in Q1 PAT. Should you buy, sell or hold?
Godrej Properties shares rise 2% after 15% YoY surge in Q1 PAT. Should you buy, sell or hold?

Economic Times

time12 minutes ago

  • Economic Times

Godrej Properties shares rise 2% after 15% YoY surge in Q1 PAT. Should you buy, sell or hold?

Shares of Godrej Properties rose 2.4% to an intraday high of Rs 2,098 on the BSE on Monday, following the announcement of a 15% year-on-year (YoY) increase in net profit for the quarter ended June 2025. ADVERTISEMENT The real estate developer reported a consolidated profit after tax (PAT) of Rs 600 crore in Q1FY26. However, total income for the quarter declined 3% YoY to Rs 1,593 crore, down from Rs 1,638 crore in the same period last year. Despite the dip in income, operational momentum remained strong. The company achieved a booking value of Rs 7,082 crore during the quarter, driven by the sale of 4,231 apartments covering a total area of 6.17 million square feet. While this marked an 18% YoY decline in area sold, it was the eighth consecutive quarter in which Godrej Properties recorded bookings exceeding Rs 5,000 the quarter, the company launched six new projects and phases, with a combined sales potential of Rs 8,500 crore. Additionally, collections rose 22% YoY to Rs 3,670 crore, reflecting strong cash inflows. ADVERTISEMENT Antique has revised its target price for Godrej Properties to Rs 2,723 from Rs 3,101 while maintaining a 'Buy' brokerage said the company delivered a decent Q1 performance with continued momentum in business development (BD). However, it flagged concerns around the high base effect, noting that sustaining growth and margins may be challenging. It also revised its EV/EBITDA multiple down to 9x from 10x, reflecting a moderating growth outlook. The target price is based on 1HFY28E estimates, and the long-term view remains positive. ADVERTISEMENT Avendus lowered its target price to Rs 1,750 from Rs 1,800, retaining a 'Sell' rating. ADVERTISEMENT It expects pre-sales to stabilize after a 2.5x surge over the past three years. The brokerage also noted that higher construction outflows led to a YoY decline in Q1FY26 operating cash flow (OCF) despite better collections. It projects OCF to tighten to Rs 5,000–6,000 crore over FY26–27 due to continued cost pressures. Net debt is expected to rise to Rs 7,000 crore by FY27 from Rs 4,000 crore in FY25. The stock is currently trading at 9x FY27E EV/ Oswal (MOSL) maintained a 'Buy' rating with a target price of Rs 2,843. ADVERTISEMENT The brokerage noted that revenue was impacted by soft deliveries in Q1, but expects upcoming launches to drive pre-sales. The company has already achieved 57% of its annual BD target. Strong housing demand and industry consolidation are seen as key growth drivers. For FY26, Godrej Properties has guided for Rs 40,000 crore in launches and Rs 32,500 crore in pre-sales. MOSL has retained its pre-sales estimates for FY26 and FY27. Also read: Rekha Jhunjhunwala exits Nikhil Kamath, Madhusudan Kela-backed smallcap stock with 111% returns in 3 years (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

Umiya Mobile shares list at  ₹69 on BSE SME, up 4.55% from IPO price
Umiya Mobile shares list at  ₹69 on BSE SME, up 4.55% from IPO price

Mint

time12 minutes ago

  • Mint

Umiya Mobile shares list at ₹69 on BSE SME, up 4.55% from IPO price

Umiya Mobile IPO listing: Shares of Umiya Mobile made a decent debut on the bourses on Monday, August 4, listing at ₹ 69 on BSE SME, a premium of 4.55 percent to its issue price of ₹ 66. The ₹ 24.88-crore Initial Public Offering (IPO) of Umiya Mobile was open for subscription from July 28 to July 31 and received a decent response from investors. The issue, with a total size of 35.80 lakh shares, was subscribed 2.57 times over the three-day bidding window. In terms of demand, the IPO garnered bids for 91.94 lakh shares against the 35.80 lakh shares on offer. Among investor categories, the retail investor portion was subscribed 2.61 times, while the non-institutional investor (NII) segment saw a subscription of 2.44 times, reflecting healthy interest across both categories. The Umiya Mobile IPO comprised an entirely fresh issue of 37.70 lakh equity shares, with no offer-for-sale (OFS) component involved. The lot size for the IPO was fixed at 2,000 shares, meaning the minimum investment required by a retail individual investor was ₹ 2,64,000 for 4,000 shares (2 lots). The net proceeds from the fresh issue will be utilised to repay or prepay the company's outstanding borrowings and for general corporate purposes, as outlined in the offer documents. The IPO adhered to the standard allocation structure, with 75 percent of the issue reserved for Qualified Institutional Buyers (QIBs), 15 percent allocated to Non-Institutional Investors (NIIs), and the remaining 10 percent set aside for Retail Individual Investors (RIIs). Additionally, the issue included a reservation of up to 69,767 shares for eligible employees, who were offered shares at a discount of ₹ 22 per share from the issue price. Smart Horizon Capital Advisors Private Limited acted as the book-running lead manager for the Umiya Mobile IPO, while Bigshare Services Pvt Ltd served as the registrar. The market maker for the issue was Shreni Shares Limited. Established in 2012, Umiya Mobile Pvt. Ltd., a Rajkot-based retail player, has emerged as a prominent name in the mobile phones and consumer electronics space. The company retails a broad selection of smartphones from top brands such as Apple, Samsung, Realme, and Xiaomi, along with home appliances including smart TVs, air conditioners, refrigerators, and coolers from well-known names like Sony, LG, Panasonic, and Godrej. The company witnessed robust financial growth in FY25, with revenue rising 33 percent and profit after tax (PAT) surging 141 percent compared to the previous fiscal year ending March 2024. Umiya Mobile currently operates 149 stores in Gujarat and 69 in Maharashtra, leveraging a wide network to cater to diverse customer segments. Its multi-format retail approach and expanding geographic footprint have played a significant role in driving both sales and profitability. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Sri Lotus Developers IPO allotment today: Check your status, GMP, listing date
Sri Lotus Developers IPO allotment today: Check your status, GMP, listing date

India Today

time12 minutes ago

  • India Today

Sri Lotus Developers IPO allotment today: Check your status, GMP, listing date

Allotment of shares for Sri Lotus Developers & Realty Ltd's initial public offering (IPO) was finalised on Monday, August 4, after strong demand from all categories of IPO of Sri Lotus Developers received a strong response during its three-day bidding window, with total subscriptions reaching 74.10 Lotus Developers IPO opened for subscription on July 30, 2025, and closed on August 1, 2025 and had set the price band at Rs 150 per public issue was subscribed 21.77 times by retail investors, 175.61 times by qualified institutional buyers (QIB), and 61.82 times by non-institutional investors (NII), according to final data from the Bombay Stock minimum investment for retail investors was Rs 14,000 for one lot consisting of 100 shares. For small non-institutional investors (sNII), the application size was 14 lots or 1,400 shares, requiring an investment of Rs 2,10,000. For big non-institutional investors (bNII), the application size was 67 lots or 6,700 shares, worth Rs 10,05, TO CHECK ALLOTMENT STATUSInvestors who applied for shares of Sri Lotus Developers can check the allotment status on either the BSE website or through the official registrar, KFin Technologies the BSE website:Visit the BSE IPO allotment 'Equity' under the Issue 'Sri Lotus Developers & Realty' from the drop-down your application number and the captcha and click on 'Search' to check your KFin Technologies:Visit the IPO status section on KFin Technologies' 'Sri Lotus Developers & Realty' from the a method to check – Application Number, Demat Account Number, or the application type – ASBA or the required details and on 'Submit' to view your allotment result. The grey market premium (GMP) has declined slightly over the last few to the latest update at 7:31 AM on August 4, the GMP stands at Rs 37. With the upper end of the price band at Rs 150, the estimated listing price is around Rs 187 per share. This suggests an expected gain of 24.67% on Lotus Developers & Realty Ltd is expected to be listed on both the BSE and NSE. The tentative listing date is Wednesday, August 6, 2025.- Ends advertisement

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store