TBZ Ltd. Reports Exceptional Q1 FY25 Financial Performance, Boosts Profitability and Expands Market Presence

Tribhovandas Bhimji Zaveri Limited (TBZ Ltd.), India's esteemed jewellery retailer, announced significant profit and revenue growth in Q1 FY25. Key metrics such as EBITDA and EPS saw notable rises, underscoring effective operational strategies. The company also continues its strategic market expansion, recently opening a franchise store in Jaipur.

Tribhovandas Bhimji Zaveri Limited (TBZ Ltd.), a leading jewellery retailer in India with 160 years of heritage, has reported a remarkable financial performance in the first quarter of FY25. The company recorded a 63.39% increase in Profit Before Tax (PBT) to ₹248.16 million from ₹151.88 million in the same period last year.

Profit After Tax (PAT) rose by 61.98% to ₹184.68 million, and Earnings Per Share (EPS) surged 61.99% to ₹2.77. EBITDA also showed impressive growth, increasing by 32.19% year-on-year to ₹425.96 million, reflecting strong operational efficiency.

TBZ Ltd. remains focused on high-margin products and strategic market growth, opening its latest franchise store in Jaipur. The company's CFO Mukesh Sharma highlighted the 4.45% revenue increase to ₹5,962.43 million and the advantages of recent custom duty reductions on gold and silver.

(With inputs from agencies.)