Tribhovandas Bhimji Zaveri's Q1 FY 2025-26 Quarterly Results

Result Summary

• Tribhovandas Bhimji Zaveri Ltd reported a 23.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.8%.
• Its expenses for the quarter were up by 20.8% QoQ and 3.9% YoY.
• The net profit increased 78.4% QoQ and increased 32.0% YoY.
• The earnings per share (EPS) of Tribhovandas Bhimji Zaveri Ltd stood at 3.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Tribhovandas Bhimji Zaveri Ltd is a well-established jewelry retailer in India, known for its extensive range of gold, diamond, and platinum jewelry. The company has a rich heritage and is recognized for its craftsmanship and quality. Operating in a competitive industry, it caters to a diverse clientele by offering both traditional and contemporary designs. The company has a prominent presence in various Indian cities through its branded retail outlets. However, detailed information on any recent major developments was not available within the provided data.

Revenue

For Q1FY26, Tribhovandas Bhimji Zaveri Ltd reported a total income of ₹625.74 crores. This represents a significant quarter-over-quarter (QoQ) increase of 23.0% from the previous quarter, Q4FY25, where the total income was ₹508.61 crores. On a year-over-year (YoY) basis, there is a 4.8% increase compared to Q1FY25, which recorded a total income of ₹597.24 crores. The consistent growth in revenue highlights the company's ability to sustain its market position and attract customers despite the competitive landscape in the jewelry industry.

Profitability

The company's profit before tax for Q1FY26 stood at ₹29.79 crores, showing a remarkable QoQ growth of 95.6% from ₹15.23 crores in Q4FY25. When compared to the same quarter in the previous year, there is a YoY increase of 27.3% from ₹23.40 crores in Q1FY25. The profit after tax also experienced a significant uplift, reaching ₹22.50 crores in Q1FY26, which marks a 78.4% growth from the previous quarter and a 32.0% increase year-over-year. The company’s earnings per share (EPS) increased to ₹3.40 in Q1FY26, up from ₹1.90 in Q4FY25, and ₹2.50 in Q1FY25, reflecting a QoQ rise of 78.9% and a YoY improvement of 36.0%.

Operating Metrics

Tribhovandas Bhimji Zaveri Ltd's total expenses for Q1FY26 were ₹595.95 crores, marking a 20.8% increase from ₹493.39 crores in Q4FY25 and a 3.9% rise from ₹573.85 crores in Q1FY25. Despite the increase in expenses, the company managed to maintain a strong profitability trajectory. The tax expense for the quarter was ₹7.30 crores, a substantial rise of 178.6% compared to the previous quarter and a 15.0% increase year-over-year. These figures highlight the company’s ability to manage its operating costs while enhancing profitability.