Renaissance Jewellery’s sales drop 5.4% in September quarter

In the quarter ending September 30, 2014, Renaissance Jewellery recorded a drop in sales by 5.40 percent to value at Rs. 245.06 crore (the same valued Rs.259.05 crore in the corresponding quarter of 2013), as per reports. The three month period recorded a 35.79 percent increase in the company’s standalone net profits which valued Rs. 6.45 crore (the same valued Rs 4.75 crore in the corresponding quarter of 2013).