Results: Tribhovandas Bhimji Zaveri Q4 net profit jumps 3-fold to Rs 9 crore

Results: Tribhovandas Bhimji Zaveri Q4 net profit jumps 3-fold to Rs 9 crore

PTIUpdated: Monday, May 03, 2021, 10:20 PM IST
article-image
Results: Tribhovandas Bhimji Zaveri Q4 net profit jumps 3-fold to Rs 9 crore | Tribhovandas Bhimji Zaveri website

Jewellery firm Tribhovandas Bhimji Zaveri Ltd (TBZL) on Monday posted a more than three-fold jump in consolidated net profit at Rs 9.36 crore for the fourth quarter of the 2020-21 fiscal on higher income.

The company's net profit stood at Rs 2.83 crore in the same quarter of the previous fiscal year, according to a regulatory filing.

Net income rose to Rs 369.46 crore in the fourth quarter of 2020-21 from Rs 343.57 crore in the year-ago period.

Expenses remained higher at Rs 357.92 crore as against Rs 342.27 crore earlier.

Shares of the company settled up 3.75 per cent at Rs 65.05 apiece on the BSE on Monday.

RECENT STORIES

ArisInfra Solutions Sets IPO Price Band At ₹210–₹222; ₹500 Crore Issue Opens June 18, Closes...

ArisInfra Solutions Sets IPO Price Band At ₹210–₹222; ₹500 Crore Issue Opens June 18, Closes...

Gold Price Crosses ₹1 Lakh On MCX, Jumps After Israel-Iran Conflict & Weak US Data

Gold Price Crosses ₹1 Lakh On MCX, Jumps After Israel-Iran Conflict & Weak US Data

iPhone 17 Pro, iPhone 17 Pro Max Specifications Leaked on Geekbench, New A19 Pro Chip Spotted

iPhone 17 Pro, iPhone 17 Pro Max Specifications Leaked on Geekbench, New A19 Pro Chip Spotted

Eppeltone Engineers ₹44 Crore IPO Creates Market Buzz As GMP Soars, Price Band Set At ₹125-128...

Eppeltone Engineers ₹44 Crore IPO Creates Market Buzz As GMP Soars, Price Band Set At ₹125-128...

Stock Markets Fall Sharply Amid Weak Asian Markets & Rising Brent Crude Prices, Tensions Rise After...

Stock Markets Fall Sharply Amid Weak Asian Markets & Rising Brent Crude Prices, Tensions Rise After...