Stock Report

Banaras Beads posts net profit of Rs. 58.15 lakhs in Q3FY22

Posted On : 2022-01-20 17:17:22( TIMEZONE : IST )

Banaras Beads Limited has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 6.2895 crores during the period ended December 31, 2021 as compared to Rs. 11.2113 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.5815 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 1.4457 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.88 for the period ended December 31, 2021 as compared to Rs. 2.18 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹6.2895 crs	₹11.2113 crs	-43.90%
Net Profit	₹0.5815 crs	₹1.4457 crs	-59.78%
EPS	₹0.88	₹2.18	-59.63%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.6.2895 crores during the period ended December 31, 2021 as compared to Rs.6.5024 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.5815 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.6016 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.88 for the period ended December 31, 2021 as compared to Rs.0.91 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹6.2895 crs	₹6.5024 crs	-3.27%
Net Profit	₹0.5815 crs	₹0.6016 crs	-3.34%
EPS	₹0.88	₹0.91	-3.30%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.21.3823 crores during the 9 Months period ended December 31, 2021 as compared to Rs.17.9002 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.3442 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.2.0789 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.3.53 for the 9 Months period ended December 31, 2021 as compared to Rs.3.13 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹21.3823 crs	₹17.9002 crs	19.45%
Net Profit	₹2.3442 crs	₹2.0789 crs	12.76%
EPS	₹3.53	₹3.13	12.78%

Shares of Banaras Beads Limited was last trading in BSE at Rs. 97.20 as compared to the previous close of Rs. 98.80. The total number of shares traded during the day was 2493 in over 79 trades.

The stock hit an intraday high of Rs. 99.70 and intraday low of 97.00. The net turnover during the day was Rs. 243245.00.