Brief: Tribhovandas Bhimji Zaveri Says Suffered Substantial Impact On Revenue For March

Tribhovandas Bhimji Zaveri

16/07/2020 07:50

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 

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