Tribhovandas Bhimji Zaveri Shares Surge on Strong Q3 Performance

Tribhovandas Bhimji Zaveri Ltd (TBZL.NS) shares jumped in pre-open trade on Wednesday, February 12, 2025, following impressive Q3 FY25 results. The jewelry retailer reported a 45.41% year-on-year increase in net profit to ₹304.80 million, while revenue surged 25.21% to ₹9,278.50 million. EBITDA grew 33.88% to ₹605.30 million, with margins expanding by 46 basis points to 3.29%. The company's strong performance was driven by robust demand during the festive season and successful expansion strategies. Analysts expect the positive momentum to continue, citing TBZ's strong brand presence and growing market share in the organized jewelry sector.

Sources: Trendlyne, CNBC-TV18, Economic Times