PC Jeweller Ltd. (BSE: 534809, NSE: PCJEWELLER), one of the leading and fastest-growing jewellery retail chains in India, has allotted 3,38,85,000 equity shares of FV of Rs. 10 each, on conversion of 3,38,85,000 Warrants to 35 Allottees belonging to ‘Non-Promoter, Public Category’, upon receipt of the balance amount aggregating to INR 142,82,52,750 at the rate of INR 42.15 per Warrant (75% of the Issue Price per Warrant) pursuant to the exercise of their rights of conversion of Warrants into equity shares.
Recently, the company reported stellar earnings for the quarter and half year ended 30 September 2024. The consumer demand and footfall exhibited a significant improvement in Q1 FY25 and this momentum has further increased in Q2 FY25, the result of which is clearly visible in the company’s topline as well as bottomline.
For Q2FY25, the company reported revenue at Rs. 505 Crores, recording a growth of 1430% YoY. The EBITDA was reported at Rs. 129 Crores. PBT came in at Rs. 124 Crores. For H1FY25, the revenue recorded an increase of 797% YoY, and came in at Rs. 906 Crores. EBITDA came in at Rs. 218 Crores, and PBT was reported at Rs. 207 Crores.