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Q3 results: Jewellery firm RGL profit jumps 36% to ₹33 crore

Jewelry maker Renaissance Global (RGL) said Friday its consolidated net profit rose 36% year-on-year. 33.20 crore in the December quarter (3Q26) of financial year 2025-26. The company’s consolidated net profit in the same quarter of the last fiscal year was as follows: 24.32 crore.

Total revenue increased by 35.6% year-on-year 965.28 crore in 3QFY26 711.92 crore in the same quarter a year ago.

RGL reported its strongest-ever quarterly performance in 3FY26, driven by the shift to high-margin, branded D2C (direct-to-consumer) and sharper capital efficiency model, PTI report said.

The D2C segment recorded an impressive growth of 37.5% year-on-year. 91 crore was generated due to increased consumer participation, the company said.

EBITDA increased by 19.5% on an annual basis 63.1 crore, supported by operating efficiency.

“Renaissance Global is driving a significant transformation from being a low-margin B2B exporter to now a core consumer-focused, brand-focused luxury platform. Our investment in owned brands and premium positioning is fully paying off,” said Sumit Shah, chairman and global CEO of RGL.

“Owned brand revenue has increased sevenfold in three years, D2C is growing at a high CAGR, margins are expanding and capital efficiency is improving. The pieces are all moving in the right direction. The company’s cost reduction program aims to: Annual savings of 40-50 crore are already paying off,” said Shah.

RGL has eight manufacturing units in Mumbai, Bhavnagar and Dubai and employs over 150 jewelery designers in the US, UK, Hong Kong and Dubai who are experts on global fashion trends.

Disclaimer: This story is for educational purposes only. Opinions and recommendations expressed are those of individual analysts or brokerage firms and not of Mint. Because market conditions and conditions can change rapidly, we recommend that investors consult certified professionals before making any investment decisions.

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