Tribhovandas Bhimji Zaveri Q1 net profit rises 50 percent to Rs 16 crore

Jewellery retailer Tribhovandas Bhimji Zaveri Limited (TBZ Ltd) reported a 50 percent rise in net profit to Rs 17 crore ($2 million) for the first quarter ended June, as against Rs 11 crore in the year-ago quarter.