Tribhovandas Zaveri Q1 profit declines 8.8% at Rs 2.47 cr

Tribhovandas Bhimji Zaveri Ltd today posted 8.8 per cent decline in standalone net profit at Rs 2.47 crore for the quarter ended June 30.
The company had posted a net profit of Rs 2.71 crore in the year-ago period, Tribhovandas Bhimji Zaveri Ltd said in a filing to BSE.
The company has posted a net sales of Rs 325.92 crore in the Aril-June quarter this fiscal compared to Rs 415.79 crore in the year-ago period.
"...The company's business was impacted due to continuing country wide agitations by the gems and jewellery industry...," it said.