PC Jeweller Limited — Board Meeting, 01-08-2025: Outcome of Board Meeting

PC Jeweller's board meeting highlights:

Q1 consolidated results approved: Revenue at ₹724.91 Cr, Profit at ₹161.93 Cr.

Auditors flagged significant concerns: ₹183.16 Cr export discounts from FY19 pending approval, and adequacy of ₹184.03 Cr provision for ₹1592.33 Cr overdue export dues couldn't be confirmed. Inventory under court custody also remains unverified.

The company appointed a Secretarial Auditor for 5 years and issued a postal ballot corrigendum for warrant conversions. One store shut, leaving 48 owned & 3 franchise stores.