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Tribhovandas Bhimji Zaveri Ltd (TBZ) on Tuesday posted more than two-fold jump in consolidated net profit to Rs 80.63 crore for third quarter of 2025-26 fiscal on strong sales. Net profit stood at Rs 29.87 crore in the same quarter previous fiscal, according to a regulatory filing. Total income rose 14.51 per cent to Rs 1,063.47 crore during October-December FY26 compared with Rs 928.66 crore a year ago. Expenses remained higher at Rs 954.97 crore as against Rs 887.07 crore. "During the quarter, we delivered healthy revenue growth. Profitability expanded at a meaningfully faster pace, supported by stronger gross margins and improved operating leverage," TBZ Chairman and Managing Director Srikant Zaveri said. In a period of elevated gold prices, the company's focus has been consistent: convert demand into profitable growth through disciplined execution, tighter cost management, and sharper margin focus, he said. "As we look ahead, we aim to keep growing steadily, convert scale int
Leading jeweller Tribhovandas Bhimji Zaveri or TBZ Original on Friday clarified that it is in no way connected with Tribhovandas Bhimji Zaveri & Sons Retail, which is facing bankruptcy proceedings. The company, also known as TBZ-The Original, in a BSE filing said it is neither connected nor does have any relation with Tribhovandas Bhimji Zaveri & Sons Retail Pvt Ltd, which has gone into insolvency proceedings, nor do its promoters or the management hold any shares in the bankrupt jeweller. TBZ-The Original has actor Sara Ali Khan endorsing its brands, and is promoted by industry veteran Shrikant Zaveri, the filing said. This clarification came in after the resolution professional of Tribhovandas Bhimji Zaveri & Sons Retail put up a public notice on December 16 seeking claims from lenders and non-financial creditors.