PC Jeweller shares rose in Friday’s trade after the company said it has completed the process of taking possession of its inventories, following a tribunal order.
In an exchange filing, the Delhi-based jeweller said the handover was completed on October 9, 2025, in compliance with an order issued by the Debts Recovery Appellate Tribunal (DRAT), Kolkata.
"This is in continuation to our previous update dated October 8, 2025, wherein we had informed that DRAT, Kolkata allowed the joint application filed by the Company and the Consortium Lenders and issued directions for handover of keys and inventory to the Company," PC Jeweller said in the filing.
The company added that the keys and inventory of its showrooms located at Karol Bagh (Delhi) and Noida (Uttar Pradesh) — previously in the custody of DRAT, Delhi — are now back in its possession.
The company reported a 63 percent year-on-year growth in revenue for the July-September quarter of the current fiscal, supported by strong festive demand for gold jewellery.
The company, which operates 52 showrooms, including 49 that are company-owned, said it has also reduced its debt by 23 percent during the September quarter, according to its latest operational update.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!