Showing posts from August, 2013


India’s leading luxury accessory brand Hidesign has launched its first exclusive boutique at Surat’s new community-oriented premium lifestyle shopping center, VR Surat. With the launch of this new boutique in South Gujarat’s only lifestyle destination, Hidesign brings the complete brand experience to discerning Surti customers.
Located in The Runway, VR Surat’s international standard fashion arena which is dotted with several first time international brands that have debuted in Surat, Hidesign’s exclusive boutique will retail its signature premium leather accessories. Immediately outside the Hidesign store is the prominent permanent art installation ‘Jal Tapi’, international artist Paresh Maity’s special tribute to Surat, making the store location even more special.

Dilip Kapur, President of Hidesign says, “We are thrilled to launch our latest store in The Runway at VR Surat, which reflects our brand values and evolving customer prof…

TBZ-The Original honoured with prestigious MACCIA Award 2013 for Excellence in Entrepreneurship - Gems & Jewellery category

Mr. Shrikant Zaveri bestowed with the honour by Hon. Union Minister Mr. Sharad Pawar 

August 19 , 2013: Tribhovandas Bhimji Zaveri Limited (“TBZ” or “TBZ-The Original”), a well-known and trusted jewellery retailer in India with a rich legacy of over 150 years, has been honoured with the prestigious MACCIA Award 2013 for Excellence in Entrepreneurship – Large Enterprise in Gems & Jewellery category. Mr. Shrikant Zaveri, Chairman & MD, TBZ Ltd., received the coveted award from Hon. Union Minister Mr. Sharad Pawar at a glittering function organized by the Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA).
The annual MACCIA Awards aim to recognize and reward the work of those entities that have positively impacted the State of Maharashtra and brought laurels not only in an individual capacity but also helped put Brand Maharashtra on the Indian and global radar in the past year. TBZ–The Original was born in Zaveri Bazaar in the financial and fashion capital of Indi…


VR Surat CELEBRATES 67th Independence DAy

August 16, 2013 – On the occasion of the 67th Independence Day Celebrations, the city witnessed the biggest “Flash Mob” performed by over 350 volunteers of different age groups at VR Surat, South Gujarat’s only world-class lifestyle destination on Dumas Road.

The Flash Mob was organized by students and young professionals who gathered at The Runway in VR Surat to support Art of Living’s Gyan Setu Initiative - ‘Volunteer for a Better India’. The participants used the platform to highlight the cause of underprivileged children in and around Surat. Rajat Podar, who along with Shristi Barmecha, led the team of students in organizing the mega event said, “Independence Day 2013 was a very special day for us as we celebrated it at VR Surat to create awareness about our initiative. VR Surat proved to be perfect platform to mobilize support for the Gyan Setu Project. We chose VR Surat because of…

Tree House High School Kids celebrate Independence Day on Aug 15

Urge their parents to take up ‘Yog’ for a healthy mind and a healthy body

August 16, 2013: Tree House High School students at Karve Nagar, Pune celebrated the country’s 67th Independence Day with patriotic fervor and verve. They showcased an eclectic glimpse into the culture and traditions of India. ‘Shivstuti”, the traditional dance form of Bharatnatyam was presented by students with grace and reverence. The Yoga and Gymnastics club of students performed various Yogasanas as well as the Suryanamaskar, urging their parents to take up ‘Yog’ for a healthy mind and a healthy body. The Corporator of Karve Nagar, Mrs. Laxmitai Dudhane, guest of honor unfurled the tricolor and released tri coloured balloons suffusing the atmosphere with bonhomie and pride. Addressing the gathering she said “I am delighted to have witnessed such a well managed event by the skilled children and their teachers at Tree House. The rendition of patriotic songs by the little ones reinforced the love for the nation i…

TBZ ( The Original)Q1FY14 net up 27.67% to Rs 20.77 crore

Tribhovandas Bhimji Zaveri Limited (“TBZ” or “TBZ – The Original”), India’s well-known and trusted jewellery retailer with a rich legacy of around 150 years, posted 27.67% percent growth in its net profit for the first quarter ended June 30, 2013, amounting to Rs. 20.77 crore compared to Rs. 16.26 crore posted in the same period of the last financial year. Despite slowing macroeconomic environment and increase in import duties for gold, TBZ’s total Income (standalone) rose by 88.81% to Rs. 535.26 crore during the challenging Q1FY14 compared to Rs. 283.49 crore posted in the first quarter ended June 30, 2012.
 The EBITDA for first quarter of the current fiscal stood at Rs. 40.18 crore compared to Rs. 28.68 crore for the first quarter of FY13. The EBITDA margin for Q1 FY 2014 was 7.51% of total income even though the industry faced several challenges in the first quarter. The Earning Per Share (not annualized) was Rs. 3.12 (Basic) and Rs. 3.11 (Diluted) as compared to Rs. 2.44 (not ann…

BS Limited Q1FY14 consolidated Net profit at Rs 15.25crore

BS Limited, (formerly known as BS TransComm Ltd), a leading infrastructure provider for Power T & D and Telecom Managed services, has posted 45% growth (year on year basis) in its consolidated revenues that stood at Rs.507 crore in Q1FY14  as against Rs.350 crore in Q1FY13.The consolidated Net profit for Q1FY14 stood at Rs. 15.25 crore as against Rs. 13.32 crore in Q1FY13. EBIDTA registered a growth of 25% quarter on quarter basis and stood at Rs 52.69 Cr.
Company’s Standalone Quarterly revenues for the Q1FY14 stood at Rs.365 crore as against Rs.309 crore in the corresponding quarter in FY13, registering a growth of 18% quarter on quarter. Standalone Net profit for the quarter stood at Rs.13.18 crore as against net profit of Rs.12.85 crore in corresponding quarter in FY13.
About the Company
A leading Infrastructure provider,  BS Limited, (formerly known as BS TransComm Ltd), has been augmenting its core business in Power Transmission & Distribution and Passive Telecom infrastruc…

PC Jeweller Ltd reports Rs 89.95 crore Net Profit in April-June Quarter, FY14

Leading jewellery brand PC Jeweller Limited (PCJ) today announced its April-June quarter results for the financial year 2013-2014. The company reported a net profit of Rs 89.95 crore for the first quarter of FY2014 whereas the net sales stood at Rs 1379 crore.   
The topline of the company comprised of a domestic turnover of Rs 1178.03 crore and export turnover of Rs 200.98 crore. The company’s profit before finance costs and exceptional items was reported as Rs 166.70 cr for Q1 FY2014 and the EPS for the quarter was Rs 5.02.
Speaking on the quarterly performance, Mr Balram Garg, MD, PC Jeweller Ltd said: “We are happy with our performance in the first quarter. We have been constantly focussing on our key strengths and our forte which is diamonds. This quarter, we also penetrated Western India and have opened 2 showrooms in Gujarat where we are already receiving a tremendous response. Other than Gujarat, we opened 4 new showrooms in other cities. We intend to open 14 more showrooms in …

India International Jewellery Week-PC Jeweller to dazzle IIJW Grand Finale with elegant and royal wedding jewellery

Mumbai, 6 August, 2013: India International Jewellery Week (IIJW)will feature an exclusive wedding jewellery collection byPC Jeweller, India’s premier wedding jewellerson 8 August, 2013. The theme for the event will be “Wedding Jewellery”.
Elegant models will walk the ramp adorned with dazzling diamonds, polki, kundan, antique gold, antique polish on diamond and a special collection of temple jewellery in gold with textures and filgiri work designed and crafted by PC Jeweller. The jewellery will have a playful assortment of colourful and semi-precious stones which add colour and joy to the elegant ensembles. The PCJ show will also showcase models adorned with head ornaments as a wedding theme jewellery is never complete with a beautiful ‘maang teeka or a mumtaaz style maang teeka’. This year at the show PC Jeweller is also going to unveil special bridal crowns at the show.
PC Jeweller is the associate sponsor of the IIJW. A range of exquisite designs will be showcased at the exhibit…

Tree House Education Q1FY14 net rises 53.36% to Rs. 12.30 crore

Total Income up 47.54% to Rs. 41.99 crore ·EBITDA margin for Q1 FY2014 is 56.91%. ·Net profit margin for Q1 FY2014 is 29.29%.
Mumbai, August 1, 2013: Tree House Education and Accessories Limited (‘Tree House”), India's largest self-operated pre-school chain, (CRISIL Research Industry Report”), has come up with a stellar performance by posting a 53.36 percent growth in its net profit for the first quarter ended June 30, 2013 amounting to Rs. 12.30 crore compared to Rs 8.02 crore posted in the same period of the last financial year. The total income rose by 47.54% to Rs. 41.99 crore during the first quarter ended June 30, 2013 compared to Rs 28.4 crore posted in the same period of the last financial year. The EBITDA for the first quarter of the current fiscal rose 42.97% to Rs. 23.90 crore compared to Rs 16.71 crore for the 1st quarter of FY2013. EBITDA margin for Q1 FY2014 is 56.91%. Net profit margin for Q1 FY2014 is 29.29%.
Commenting on the Q1 FY14 performance, Mr. Rajesh Bhatia, P…