Renaissance Jewellery standalone net profit declines 9.30% in the March 2016 quarter

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Sales rise 24.29% to Rs 246.24 crore
Net profit of Renaissance Jewellery declined 9.30% to Rs 2.73 crore in the quarter ended March 2016 as against Rs 3.01 crore during the previous quarter ended March 2015. Sales rose 24.29% to Rs 246.24 crore in the quarter ended March 2016 as against Rs 198.12 crore during the previous quarter ended March 2015.For the full year,net profit declined 2.84% to Rs 33.47 crore in the year ended March 2016 as against Rs 34.45 crore during the previous year ended March 2015. Sales rose 7.76% to Rs 1142.66 crore in the year ended March 2016 as against Rs 1060.39 crore during the previous year ended March 2015.
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First Published: May 27 2016 | 9:30 AM IST