Brief: Tribhovandas Bhimji Zaveri Says Suffered Substantial Impact On Revenue For March
July 16 (Reuters) - Tribhovandas Bhimji Zaveri Ltd
TBZL.NS :
* SUFFERED SUBSTANTIAL IMPACT ON REVENUE FOR MARCH 2020 DUE
TO
COVID-19 INDUCED INDIA LOCKDOWN
* LOCKDOWN AFFECTED REVENUE GENERATION, CASH FLOWS &
FINANCIAL
PERFORMANCE OF CO DURING Q4 OF FY 20 & Q1 OF FY 21
* RAPID SPREAD OF COVID-19 ACROSS INDIA & SUBSEQUENT
LOCKDOWNS HAD
SEVERE IMPACT ON REVENUE FOR Q1 FY21
* UPCOMING FESTIVE SEASON ALONG WITH NEW WEDDING SEASON WILL
CONTRIBUTE TO HIGHER REVENUE
Source text: (https://bit.ly/2ZvsIPf)
Further company coverage: TBZL.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Tribhovandas Bhimji Zaveri
See all newsIndia's Tribhovandas Bhimji Zaveri jumps on CCI nod for GRT majority takeover
Brief: India Competition Regulator Approves Acquisition Of Majority Stake In Tribhovandas Bhimji Zaveri By GRT Jewellers (India)
India's TBZ sees best week after GRT Jewellers deal
India's Tribhovandas Bhimji Zaveri soars to record high on growth optimism after GRT Jewellers deal (updated)
India's Tribhovandas Bhimji Zaveri rises after GRT Jewellers agrees to acquire stake