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Tribhovandas Zaveri Q1 profit declines 8.8% at Rs 2.47 cr

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Press Trust of India New Delhi
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.

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First Published: Aug 03 2016 | 9:48 PM IST

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