Renaissance Global Reports 72% Surge in Q2 Net Profit, Revenue Climbs 34%
Renaissance Jewellery, a global branded jewellery player, reported robust Q2 financial results. Revenue increased by 34% to ₹5,463.60 crore, EBITDA grew by 23.3% to ₹431.30 crore, and net profit surged by 72% to ₹202.30 crore compared to the previous year. The Direct-to-Consumer segment grew by 43.1%, with U.S. D2C brands showing a 60.1% increase. Customer Brands witnessed 47.2% growth. The company achieved cost savings of ₹11.30 crore in Q2. Renaissance Global also announced the opening of a Jean Dousset boutique in New York City, scheduled for mid-November.

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Renaissance Jewellery , a leading global branded jewellery player, has reported robust financial results for the second quarter, demonstrating strong growth across key metrics.
Financial Highlights
Renaissance Global delivered an impressive performance in Q2, with significant year-over-year improvements:
| Metric | Q2 | Q2 Previous Year | YoY Change |
|---|---|---|---|
| Revenue | ₹5,463.60 crore | ₹4,087.70 crore | +34.00% |
| EBITDA | ₹431.30 crore | ₹349.70 crore | +23.30% |
| Net Profit | ₹202.30 crore | ₹117.70 crore | +72.00% |
Revenue Growth and Segment Performance
The company's total income for Q2 stood at ₹5,418.60 crore, up from ₹4,127.70 crore in the same quarter last year, marking a 31.30% increase. This growth was primarily driven by:
- Direct-to-Consumer (D2C) Segment: Grew by 43.10% year-over-year, with U.S. D2C brands showing a remarkable 60.10% increase.
- Customer Brands: Witnessed a substantial 47.20% growth, contributing significantly to overall revenue.
Profitability and Operational Efficiency
Renaissance Global's focus on operational efficiency and cost management has yielded positive results:
- EBITDA margin stood at 7.90%, compared to 8.50% in the same quarter of the previous year.
- Profit Before Tax (PBT) surged by 68.70% to ₹237.00 crore.
- The company achieved cost savings of ₹11.30 crore in Q2, continuing the trend from Q1 and keeping them on track to realize annual cost savings of over ₹40.00 crore.
Strategic Developments
Renaissance Global announced the opening of a Jean Dousset boutique in New York City, scheduled for mid-November. This expansion marks a significant milestone in the company's premium lab-grown diamond jewellery strategy.
Management Commentary
Sumit Shah, Chairman and Global CEO of Renaissance Global Limited, commented on the results: "Renaissance Global delivered a resilient performance in Q2, sustaining its strong growth momentum. Our D2C segment grew 43.10% YoY, led by a 60.10% increase in U.S. D2C brands, reflecting robust consumer engagement and brand strength. This reaffirms our focus on profitable growth and the long-term potential of our D2C model."
Shah added, "The first half demonstrates our ability to balance growth and profitability, and with a diversified business mix, we remain well positioned to drive sustainable value for our stakeholders."
Outlook
With its strong performance in the first half, Renaissance Global appears well-positioned for continued growth. The company's focus on expanding its D2C segment, coupled with strategic initiatives like the new Jean Dousset boutique, suggests a positive outlook for the remainder of the period.
Investors and industry observers will be watching closely to see if Renaissance Global can maintain this momentum in the coming quarters, particularly in light of global economic conditions and evolving consumer preferences in the luxury jewellery market.
Historical Stock Returns for Renaissance Jewellery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.42% | -6.13% | -7.42% | -2.99% | -24.80% | +148.55% |




































