Renaissance Global’s direct-to-consumer (D2C) business posted revenues of Rs 66.3 crore during Q4 FY23 as compared to Rs 29.5 crore in Q4 FY22, registering a growth of 124% (over a two-fold growth). For FY23, the direct to consumer business revenue was up by 93% to Rs 239.1 crore as compared to Rs 123.8 crore in FY22. The annual revenue for FY23 has improved to Rs 239 crore from Rs 225 crore reported annual run rate in Q3 & 9M FY23, further improving its 2-year D2C revenue CAGR to 92%.
Renaissance Global is a global branded jewellery player. Renaissance designs, manufactures and supplies branded jewellery across key high-potential markets in USA, Canada, UK and key Asian markets.
