TBZ posts two-fold jump in Q3 profit to ₹81 crore; income up by 15%

Tribhovandas Bhimji Zaveri Ltd (TBZ) on Tuesday posted more than two-fold jump in consolidated net profit to ₹80.63 crore for third quarter of 2025-26 fiscal on strong sales.

Net profit stood at ₹29.87 crore in the same quarter previous fiscal, according to a regulatory filing.

Total income rose 14.51 per cent to ₹1,063.47 crore during October-December FY26 compared with ₹928.66 crore a year ago.

Expenses remained higher at ₹954.97 crore as against ₹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 into cash flows, while keeping our customers at the centre of everything we do," he added.

The jewellery firm has its presence and reach across India with 37 stores in 27 cities.