Wedding apparel maker JLM Couture Inc on Thursday posted a 55 per cent year-on-year jump in third quarter net income to $475,000 amid a 19 per cent rise in revenue to $7.5 million.

The New York-based company, whose lines include Occasions and Lazaro, said for the nine months to July 31 net income was just over $1 million versus $780,000 in 2001 and revenue up 16 per cent to $16.9m.

JLM president and CEO, Joseph Murphy, attributed the growth to increased demand for its contemporary classic wedding gown and bridesmaid lines and the fact the fall market was early this year which enabled it to ship more samples.

He also added the board had approved the buy-back of up to 200,000 shares of the company's stock, subject to market conditions.