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PC Jeweller

PC Jeweller to raise Rs 2,705 cr via warrants; promoters to infuse Rs 850 cr

Around 75 per cent of the fund will be used for repaying bank loans and the rest 25 per cent for working capital requirementsNew Delhi: PC Jeweller Ltd plans to raise up to Rs 2,705 crore by issuing warrants...

PC Jeweller gets loan recall notices from four banks

SBI has initiated recovery proceedings against the company and the matter is now pending before the Debt Recovery Appellate Tribunal (DRAT)New Delhi: PC Jeweller Ltd on Tuesday said four banks namely IDBI Bank, Indian Bank, Bank of India and...

PC Jeweller reports Q2 net loss of Rs 53.68 cr

PC Jeweller on Monday posted a consolidated net loss of Rs 53.68 crore for the second quarter of 2020-21 fiscal on sharp fall in sales. According to a PTI report: The company had clocked a net profit of Rs 46.38...

Titan 4th fastest growing global luxury firm: Report

Watches and jewellery maker Titan Company is the fourth fastest growing luxury company in the world with a compound annual growth rate (CAGR) of 19.7 percent during the financial years 2015-2017, a Deloitte report said on Wednesday.Titan is a...

PC Jeweller Q2 net profit slumps 37.76 pc on poor sales

PC Jeweller Wednesday reported a 37.76 percent drop in standalone net profit at Rs 93.72 crore during the second quarter of 2018-19 due to sluggish sales. The company had clocked a net profit of Rs 150.59 crore in the...

PC Jeweller Q3 profit up 52 pc at Rs 162.71 cr on higher sales

PC Jeweller Ltd has reported 52 percent increase in its net profit at Rs 162.71 crore for quarter ended December on higher sales and profit margins.The company, which has 84 retail jewellery stores across the country, had posted a...

PC Jeweller eyes 30 pc average growth in sales from domestic, exports market

PC Jeweller's turnover is likely to cross Rs 10,000 crore this fiscal with the company expecting about 30 per cent average growth in sales from domestic and exports market. According to a PTI report: The national capital-based jewellery major has...

Top 50 Luxury Brands in the World: LV tops lot, 3 Indian brands also in list

Three Indian companies — Gitanjali Gems, Titan and PC Jeweller — have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton. Gitanjali Gems Ltd was placed in the 30th rank, followed...

Gitanjali Gems’ Nakshatra files draft papers for IPO

Gitanjali Gems’ arm Nakshatra World Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offering. According to a PTI report: The IPO comprises 1.8 crore equity shares of Nakshatra World, which offers jewellery under...

PC Jeweller posts 27.39 pc fall in standalone net profit at Rs 106.97 crore in Q3

PC Jeweller has posted a 27.39 per cent fall in its standalone net profit at Rs 106.97 crore in third quarter of 2016-17 due to poor domestic sales following demonetization. According to a PTI report: The company had clocked a...
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An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee

Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...
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