Banas Finance Ltd Q1FY22 consolidated PAT at Rs. 3.21 crore

Banas Finance Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.2.93 crores during the period ended June 30, 2021 as compared to Rs.2.57 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.3.21 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.1.88 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.1.25 for the period ended June 30, 2021 as compared to Rs.0.73 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 2.93 crs	₹ 2.57 crs	14.01%
Net Profit	₹ 3.21 crs	₹ 1.88 crs	70.74%
EPS	₹ 1.25	₹ 0.73	71.23%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.2.93 crores during the period ended June 30, 2021 as compared to Rs.3.76 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.3.21 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.5609) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.25 for the period ended June 30, 2021 as compared to Rs.(0.49) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 2.93 crs	₹ 3.76 crs	-22.07%
Net Profit	₹ 3.21 crs	₹ (0.5609) crs	672.29%
EPS	₹ 1.25	₹ (0.49)	355.1%

Shares of Banas Finance Limited was last trading in BSE at Rs. 6.89 as compared to the previous close of Rs. 7. The total number of shares traded during the day was 15689 in over 14 trades.

The stock hit an intraday high of Rs. 6.91 and intraday low of 6.75. The net turnover during the day was Rs. 106708.

Source : Equity Bulls

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