Mumbai, July 3 -- The jewellery retailer also said it expects to become debt-free during the current quarter.

In its business update, the company said the revenue growth reflected continued strong operational performance and marked further progress in its ongoing turnaround journey.

PC Jeweller also reduced its outstanding debt payable to banks under the Joint Settlement Agreement by approximately 24% during the quarter. Since executing the settlement agreement with lenders on 30 September 2024, the company has cut its outstanding debt by more than 90%.

The company said repayment of the remaining debt and the achievement of debt-free status during the ongoing quarter would significantly strengthen its financial position in the coming p...