PC Jeweller shares up 12% in 2 days after company posts profit in Q3 from loss year-ago

PC Jeweller's shares rose 6.9% to Rs 16.80 on BSE, marking a 12.2% gain over two sessions, driven by a turnaround to profit in Q3 FY25.

Net profit stood at Rs 148 crore vs. a loss of Rs 197.98 crore YoY, with revenue surging 1,496% to Rs 639.45 crore.

Expenses increased 119% YoY to Rs 535 crore, reflecting higher material costs and festive season demand.

FIIs raised their stake to 5.55%, while LIC holds 1.16%, as the stock surged 205.51% over the past year.