Banaras Beads Ltd Q3FY23 PAT declines to Rs. 27.40 lakhs

The Board of Directors of Banaras Beads Limited, at its meeting held today have approved the Standalone financial results of the company for the period ended December 31, 2022.

Financials	Q3 FY2023	Q2 FY2023	Q3 FY2022	QoQ % Change	YoY % Change	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹3.3101 crs	₹8.9559 crs	₹6.2895 crs	-63.04%	-47.37%	₹19.2479 crs	₹21.3823 crs	-9.98%
Net Profit	₹0.2740 crs	₹1.0222 crs	₹0.5815 crs	-73.20%	-52.88%	₹1.9703 crs	₹2.3442 crs	-15.95%
EPS	₹0.41	₹1.54	₹0.88	-73.38%	-53.41%	₹2.97	₹3.53	-15.86%

For Q3 FY2023, the Company has achieved total income of ₹3.3101 crore as against ₹8.9559 crore a drop of -63.04 % over Q2 FY2023 and ₹6.2895 crore during Q3 FY2022, a drop of -47.37% YoY.

For Q3 FY2023, the company has posted profit after tax of ₹0.2740 crore as against profit after tax of ₹1.0222 crore a drop of -73.20% QoQ and ₹0.5815 crore during Q3 FY2022, a drop of -52.88% YoY.

For Q3 FY2023, the company has reported earnings per share (EPS) of ₹0.41 as against EPS of ₹1.54 a drop of -73.38% QoQ and ₹0.88 during Q3 FY2022, a drop of -53.41% YoY.

For the 9 Months Ended FY2023, the Company has achieved total income of ₹19.2479 crore as against ₹21.3823 crore a drop of -9.98% over the corresponding period of the previous year.

For the 9 Months Ended FY2023, the Company has reported profit after tax of ₹1.9703 crore as against ₹2.3442 crore a drop of -15.95% over the corresponding period of the previous year.

For the 9 Months Ended FY2023, the Company has posted earnings per share (EPS) of ₹2.97 as against ₹3.53 a drop of -15.86% over the corresponding period of the previous year.

Shares of Banaras Beads Limited was last trading in BSE at Rs. 84.25 as compared to the previous close of Rs. 81.25. The total number of shares traded during the day was 15308 in over 481 trades.

The stock hit an intraday high of Rs. 90.70 and intraday low of 82.40. The net turnover during the day was Rs. 1328644.00.

Source : Equity Bulls

Keywords

BanarasBeads Q3FY23 9MFY23 ResultUpdate