During the end of the third quarter of FY23, PC Jeweller recorded a domestic turnover of Rs 829.10 crore, registering a growth of more than 38% yearly. In the corresponding quarter of FY22, the domestic turnover was Rs 600.18 crore.

Also, the company opened a new franchisee showroom at Katihar (Bihar) in the previous quarter.

In India, it is the leading player in the gems and jewellery segment. Headquartered in Delhi, PCJ is engaged in manufacturing, retailing and exporting gold, diamond and studded jewellery.

On a consolidated basis, the net profit of the company of Rs 85.92 crore in Q2FY23 as compared with a net loss of Rs 78.89 crore in Q2FY22. Sales hit a high of 60.36% to Rs 897.58 crore in July-September of FY23 over July-September of FY22.

The company’s scrip hit a high of 0.6% today to trade at Rs 83.20.