Banaras Beads Ltd Q1 FY2024 net profit lower at Rs. 45.32 lakhs

Banaras Beads Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 6.7580 crores during the period ended June 30, 2023 as compared to Rs. 9.5194 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.4532 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.5731 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.68 for the period ended June 30, 2023 as compared to Rs. 0.86 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 6.7580 crs	₹9.5194 crs	-29.01%
Net Profit	₹0.4532 crs	₹0.5731 crs	-20.92%
EPS	₹0.68	₹0.86	-20.93%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 6.7580 crores during the period ended June 30, 2023 as compared to Rs.6.9819 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.4532 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.6741 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.68 for the period ended June 30, 2023 as compared to Rs.1.02 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 6.7580 crs	₹6.9819 crs	-3.21%
Net Profit	₹0.4532 crs	₹0.6741 crs	-32.77%
EPS	₹0.68	₹1.02	-33.33%

Shares of Banaras Beads Limited was last trading in BSE at Rs. 85.22 as compared to the previous close of Rs. 85.06. The total number of shares traded during the day was 2203 in over 45 trades.

The stock hit an intraday high of Rs. 85.75 and intraday low of 84.10. The net turnover during the day was Rs. 187743.00.

Source : Equity Bulls

Keywords

BanarasBeads Q1FY24 ResultUpdate