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