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

Renaissance Global has announced a board meeting on May 30, 2025, approving the consolidated financial results for FY 2024-25. Revenue held steady at ₹2,080.98 Cr with net profit at ₹73.69 Cr, reflecting solid margins amid global challenges. No dividend was declared given export market uncertainties. The company is consolidating subsidiaries after acquiring majority stakes in Jean Dousset LLC and Verigold Jewellery India Pvt. Ltd., and launched Renaissance Retail Limited to expand jewelry retail both online and offline. A decision was also made to close the Bhavnagar manufacturing unit for capacity optimization.