Renaissance Global Reports Revenue Growth but Sharp Profit Decline

Renaissance Global posted ₹530.3 crore in revenue for Q2 FY26, marking close to 20% year-on-year growth. Despite the higher topline, net profit fell sharply to ₹6.38 crore compared to ₹15.6 crore a year earlier. The company cited tighter margins and rising operating costs within the gems and jewellery export market as key pressure points. Analysts noted the widening gap between revenue expansion and profitability as a potential risk factor for upcoming quarters.