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Renaissance Global LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 06:26 pm

Renaissance Global Limited reported FY25 consolidated revenue of ₹2,08,098 lakh with a net profit of ₹7,368.78 lakh, showing modest growth despite a tough US market. EBITDA margins remained stable. The company expanded by acquiring majority stakes in Jean Dousset LLC (38.7%) and Verigold Jewellery India Pvt Ltd (97%), and formed Renaissance Retail Limited to boost omni-channel jewellery retail. New internal and secretarial auditors have been appointed. Given global uncertainties, the board decided against declaring a dividend for FY25.

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