Key Details of the Debt SettlementTotal Debt Cleared: Approximately Rs 3,000 crore.

Settlement Framework: The company executed a One-Time Settlement (OTS) under a Joint Settlement Agreement dated September 30, 2024.

Completion Date: Final repayments were made ahead of schedule on September 25, 2026.

Key Terms: The agreement involved both cash and equity components along with the release of securities and mortgaged properties.

Financial & Operational ImpactBalance Sheet: The milestone significantly strengthens the company's financial position and removes major interest burdens.

Recent Performance: PC Jeweller reported a 37% increase in consolidated net profit to Rs 221.88 crore for the June quarter (Q1 FY27), up from Rs 161.93 crore in the previous year. Total income rose to Rs 879.27 crore.

Retail Footprint: The brand operates roughly 50 physical stores across 12 states in India.

Heartiest congratulations to Balram Garg ji, Founder and Managing Director of PC Jeweller, on the company’s strong comeback and remarkable progress in settling its debt. The resilience and determination are truly inspiring. Wishing him and the entire PC Jewellers's team continued success !

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Courtesy: AOJ DESK NEWS