Date: May 25, 2017 PC Jeweller for generations To, To, The Listing Compliance Department, The Listing Compliance Department, BSE Limited, National Stock Exchange of India Limited, P. J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400051 Ref.: PC Jeweller Limited (Scrip Code: 534809, Symbol: PCJEWELLER) ‘Sub.: Audited Standalone & Consolidated Financial Results for the quarter and / or year ‘ended March 31, 2017 Dear Sir/Madam, Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018, please find enclosed herewith the audited Standalone & Consolidated Financial Results of the Company for the quarter and / or year ended March 31, 2017 along with the Auditors Reports thereon, Further, please also find enclosed herewith requisite declaration by Shri Sanjeev Bhatia, Chief Financial Officer of the Company regarding Audit Reports with unmodified opinion Kindly take the same on record. Thanking you. Yours sincerely, For PC Jeweller Lit Encl: As above PC Jeweller Limited Reg & Corporate Of" C54, Peet Vihar, Vikas Marg, Dethi-110 092 Ph: O11 - 49714971 Fax O11 49714972 inept con wpe con GN: L3eH1DLADEPLETHOZDIndependent Auditor's Report on Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To the Board of Directors of PC Jeweller Limited We have audited the standalone financial results of PC Jeweller Limited (the ‘Company’) for the year ended 31 March 2017, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Auention is drawn to note 2 to the standalone financial results regarding the figures for the quarter ended 31 March 2017 as reported in these standalone financial results, which are the balancing figures between audited standalone figures in respect of the full financial year and the published standalone year to date figures ‘up to the end of the third quarter of the financial year. Also, the figures up to de end of the third quarter had only been reviewed and not subjected to audit. These standalone financial results are based on the standalone financial statements for the year ended 31 March 2017 prepared in accordance with the accounting principles generally accepted in India, including Indian Accounting Standards (Ind AS’) specified under Section 133 of the Companies Act, 2013 (the ‘Act’) and published standalone year to date figures up to the end of the thied quarter of the financial year prepated in accordance with the recognition and measurement principles laid down in Ind AS 34 Interim Financial Reporting, specified under Section 133 of the Act, and SEBI Circulars CIR/CFD/CMD/13/2015 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016, which are the tespoasibility of the Company’s management. Our responsibilty is to express an opinion on these standalone financial results based on our audit of the standalone financial statements for the year ended 31 March 2017 and our review of standalone financial results for the nine months period ended 31 December 2016. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements. An audit includes examining, om a est basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing. the accounting, principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion, 3. In our opinion and to the best of our information and according to the explanations given to us, the standalone financial results: @) ate presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circulars CIR/CED/CMD/15/2015 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016 in dis regard andIndependent Auditor’s Report on Standalone Financial Results of the PC Jeweller Li red Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Contd.) 4 ® give a true and fair view of the standalone net profit (including other comprehensive income) and other financial information in conformity with the accounting principles genezally accepted in India including Ind AS specified under Section 133 of the Act for the year ended 31 Match 2017. ‘The Company had prepared separate standalone financial results for the year ended 31 March 2016, based on the standalone financial statements for the year ended 31 March 2016 prepated in accordance with Accounting Standards (‘AS)) prescribed under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014 (as amended) and standalone financial results for the nine months petiod ended 31 December 2015 prepared in accordance with the recognition and measurement principles laid down in AS 25 - Interim Financial Reporting prescribed under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014 (as amended) and SEB] Circular CIR/CFD/CMD/15/2015 dated 30 November 2015, and other accounting. principles generally accepted in India, on which we issued auditor's report dated 30 May 2016. These standalone financial results for the year ended 31 March 2016 have been adjusted for the differences in the accounting principles adopted by the Company on transition to Ind AS, which have also been audited by us. Our opinion is not modified in respect ofthis matter. Walle Chandra & bo UP For Walker Chandiok & Co LLP For Sharad Jain Associates Chartered Accountants Chartered Accountants Firm Registration No, O01076N/N500013 Firm Registration No. 015201N ‘Membership No. 83837 Address: 213, Hans Bhawan, Address: 1.41, Connaught Circus New Delhi = 110001 1, Bahadur Shah Zalar Marg Delhi — 110.002 Place: New Delhi Date: 25 May 2017Independent Auditors Report on Consolidated Financial Results of the Company Pursuant ‘0 the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To the Board of Directors of PC Jeweller Limited 1, We have audited the consolidated financial results of PC Jeweller Limited (the ‘Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group’), for the year ended 31 March 2017, being submitted by the Holding Company pursuant tothe requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These consolidated financial results are based on the consolidated financial statements for the year ended 31 March 2017 prepared in accordance with the accounting principles genetally accepted in India, including Indian Accounting Standards (Ind AS?) specified under Section 133 of the Companies Act, 2013 (the Act) and SEBI Circulars CIR/CFD/CMD/15/2013 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016, which are the responsibilty of the Holding Company's management. Our responsibility is t0 express an opinion on these consolidated financial results based on our audit of the consolidated financial statements for the year ended 31 March 2017. 2. We conducted our audit in accordance with the auditing standards generally accepted in India. ‘Those standards require that we plan and perform the audit 0 obmain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the reports of Sharad Jain Associates (‘SJA’) on separate sesults of the subsidies, the consolidated financial results @ include the financial results for the year ended 31 March 2017, of the following entities: 8) PC Universal Private Limited; b). Transforming Retail Private Limited; ©) Luxury Products Trendsetter Private Limited) and d) PC Global Jeweller DMCC. Gi) are presented in accordance with the requicements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circulars CIR/CED/CMD/15/2015 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016 in this regards andIndependent Auditor's Report on Consolidated Financial Results of the PC Jeweller Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosute Requirements) Regulations, 2013 (Contd,) Gii) give a true and fair view of the consolidated net profit (including other comprehensive income) and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for the year ended 31 Mazch 2017. We did not jointly audit the financial statements of four subsidiasies, whose financial statements reflect total assets of Rs. 607.81 crore and net liabilities of Rs. 119.06 erore as at 31 March 2017, and total zevenues of Rs, 384.92 crore for the year ended on that date, as considered in the consolidated Gnancial results. These financial statements have been audited by SJA whose reports have been fumished to us by the management and our opinion on the consolidated financial results, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circulars CIR/CFD/CMD/15/2015. dated 30 November 2015. and CIR/CED/FAC/62/2016 dated 5 July 2016, in so far as it telates to the aforesaid subsidiaries arc based solely on the reports of SJ. ve opinion on the consolidated financial results is not modified in respect of this matte with respect to our reliance on the work done by and the reports of S[A.. ‘The Holding Company had prepared separate consolidated financial results for the year ended 31 March 2016, based on the consolidated financial statements for the year ended 31 March 2016 prepared in accordance with Accounting Standards (‘AS’) prescribed under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014 (as amended) and other accounting principles generally accepted in India, on which we issued auditor’s report dated 30 May 2016, These consolidated financial results for the year ended 31 March 2016 have been adjusted for the differences in the accounting principles adopted by the Holding Company on transition to Ind AS, which have also been audited by us, Our opinion is not modified in respect of this matter: Wallan Chandioh Co LP For Walker Chandiok & Co LLP For Sharad Jain Associates Chartered Accountants: Chartered Accountants Firm Registration No. 001076N/N500013 em Registration No, 015201N fapam Kumar (feNbership No, 501531 Address: 141, Connaught Citeus Address: 213, Hans Bhawan, New Delhi ~ 110001 1, Bahadur Shah Zafar Mang Delhi — 110.002 Date: 25 May 20172 incmy ae Bax] ieee] Ta] Zi isun| saa asa ge) na] ara] ra acs rsa a0 id kay Sus 554] a] zal Ber nl sz "asl Smid min | "Cincy | Pevispear | Ccayn | Poster Tae | Wa saa | || sn 225091 sano ssa Savas] sense] So a0 a a a eC 25 2a) 1130] a “ina aan] anie| tes] na - ama] S04 aa tam ati as iSass | hasta Sa sta ta SIGNED FOR IDENTIFICATION PURPOSES(0 Reomatnn cy rnd cae SIGNED FOR IDENTIFICATION PURPOSESDate: 25/05/2017 P( J To, To, Jeweller for generations The Listing Compliance Department, ‘The Listing Compliance Department, BSE Limited, National Stock Exchange of India Limited, P. J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai ~400 001 Bandra (East), Mumbai - 400051 Sub.: Declarati respect of Audit Reports with Unmodified Opi year ended March 31, 2017 n for the financial Dear Sir/Madam, Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that the Statutory Auditors of the Company, Walker Chandiok & Co LLP and Sharad Jain Associates have issued Audit Reports with unmodified opi non audited Standalone and Consolidated Financial Results of the Company for the quarter and / or year ended March 31, 2017. For PC Jeweller kimit inancial Officer PC Jeweller Limited Regd. & Corporate Off: C- 54, Preet Vihar, Vikas Marg, Delhi - 110 092 Ph: O11 «49714971 Fax : O11 - 49714972 infoQpejovolercom - wwoseowele com GN: 30110 20SPL.CS29