Renaissance Jewellery recorded a rise of 31.59 percent in its net profits for the three months ending December 31, 2014. The value of its net profits stood at Rs 20.12 crore, from Rs 15.29 crore in the corresponding quarter of 2013.

The company recorded a 15.94 percent increase in sales to value Rs 421.14 crore from Rs 363.23 crore in the corresponding quarter of 2013, reports add.