Tribhovandas Bhimji Zaveri Limited (TBZ) announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a significant year-on-year increase in profitability, with Profit After Tax (PAT) rising by 168.26% to ₹81.77 crore in Q3 FY26. This was driven by a 14.40% increase in Revenue from Operations to ₹1,061.42 crore.

Gross Profit saw a substantial jump of 60.30% to ₹185.50 crore, with Gross Margin expanding by 500 basis points to 17.48%. EBITDA more than doubled, increasing by 118.16% to ₹132.05 crore, and the EBITDA Margin improved by 592 basis points to 12.44%. This strong performance in Q3 FY26 reflects improved operating leverage and a richer product mix.

For the nine months ended December 2025 (9M FY26), TBZ sustained its growth momentum. Revenue from Operations increased by 13.49% year-on-year to ₹2,373.26 crore. Profit After Tax (PAT) grew by 114.60% to ₹133.41 crore. The company noted a consistent improvement in profitability, with Gross Margin at 16.96% and EBITDA Margin at 10.39% for the nine-month period.

The company's leadership highlighted a focus on profitable growth, driven by a design-led product strategy, disciplined cost management, and operating leverage. Expansion plans are being pursued in a capital-aware manner, with a growing emphasis on franchise-led growth.