Banaras Beads Ltd posts surge in Q2FY22 PAT to Rs. 1.44 crore

The Board of Directors of Banaras Beads Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 11.2113 crore, against ₹7.0804 crore in the corresponding quarter of the previous year (YoY) and ₹3.8815 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹1.4457 crore, against ₹0.8682 crore in the corresponding quarter of the previous year (YoY) and ₹0.3170 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.18, against ₹1.31 in the corresponding quarter of the previous year (YoY) and ₹0.48 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 11.2113 crs	₹3.8815 crs	188.84%	₹7.0804 crs	58.34%
Net Profit	₹1.4457 crs	₹0.3170 crs	356.06%	₹0.8682 crs	66.52 %
EPS	₹2.18	₹0.48	354.17%	₹1.31	66.41%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹15.0928 crore, against ₹11.3978 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.7627 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.4773 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.66 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹2.23 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹15.0928 crs	₹11.3978 crs	32.42%
Net Profit	₹1.7627 crs	₹1.4773 crs	19.32%
EPS	₹2.66	₹2.23	19.28%

Shares of Banaras Beads Limited was last trading in BSE at Rs. 75.10 as compared to the previous close of Rs. 80.00. The total number of shares traded during the day was 3142 in over 133 trades.

The stock hit an intraday high of Rs. 79.75 and intraday low of 75.00. The net turnover during the day was Rs. 242289.00.

Source : Equity Bulls

Keywords

BanarasBeads Q2FY22 H1FY22 ResultUpdate