PC Jeweller Turns to Profit in Fiscal Q3; Shares Jump 5%

MT Newswires Live
02-05

PC Jeweller (NSE:PCJEWELLER, BOM:534809) booked a turnaround in fiscal Q3 with a consolidated attributable net profit of 1.48 billion Indian rupees against an attributable net loss of 1.98 billion rupees a year ago.

Earnings per share stood at 0.16 rupees compared with a loss per share of 0.43 rupees, according to a Tuesday filing to the Indian stock exchanges by the jewelry company.

Revenue from operations in fiscal Q3 surged to 6.39 billion rupees from 400.6 million rupees a year earlier.

Shares of the company were up 5% in recent trade.

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