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Renaissance Global Ltd (RGL) was incorporated in 1989 as Mayur Gems & Jewellery Exports Pvt Ltd. It is engaged in designing and manufacturing of jewellery in gold, silver, platinum, studded with polished diamonds, semi-precious and precious stones. It has manufacturing offices in Mumbai and Gujarat with subsidiaries in the US, UK, Middle East and Mainland China.
RGL clarified an error in its quarterly financial results. Earnings per Share (EPS) for continuing operations was mistakenly reported under discontinued operations. The company submitted revised results, correcting the EPS classification for the quarter. This clarifies ongoing business performance.
Renaissance Global Limited has announced a board meeting to review and approve the financial results for the quarter and half-year ending December 31, 2024. The unaudited standalone revenue from operations stood at ₹49,442.07 crore, with a profit before tax of ₹508.14 crore. Consolidated revenue reached ₹71,192.57 crore, yielding a net...