Banaras Beads Limited Reports Q1 FY27 Net Profit Up 18% YoY to ₹71.98 Lakh; Operational Revenue Expands 45.9% to ₹905.84 Lakh

Handicrafts and glass beads exporter Banaras Beads Limited (BSE: 526849; NSE: BANARBEADS) today released its standalone unaudited financial results for the first quarter of Financial Year 2026-2027 (Q1 FY27) ended June 30, 2026.

The company registered strong top-line momentum, driven by an expansion in operational revenue, alongside double-digit growth in quarterly net profitability on both a year-on-year and sequential basis.

Key Financial Highlights

Revenue from Operations: Reached ₹905.84 lakh (₹9.06 crore) for Q1 FY27, recording a 45.90% YoY surge compared to ₹620.84 lakh in Q1 FY26 and a 39.18% QoQ expansion over ₹650.82 lakh in Q4 FY26.

Total Income: Stood at ₹936.12 lakh, supported by ₹30.28 lakh in other income, up from ₹660.23 lakh in the corresponding quarter of the previous year.

Profit Before Tax (PBT): Rose 21.24% YoY to ₹96.98 lakh, up from ₹79.99 lakh in Q1 FY26 and 52.15% QoQ compared to ₹63.74 lakh in Q4 FY26.

Net Profit After Tax (PAT): Reached ₹71.98 lakh, posting an 18.02% YoY increase over ₹60.99 lakh in Q1 FY26 and a 31.04% QoQ surge compared to ₹54.93 lakh in Q4 FY26.

Total Comprehensive Income: Stood at ₹71.98 lakh for the quarter, as no other comprehensive income adjustments were reported.

Earnings Per Share (EPS): Basic and diluted EPS for Q1 FY27 increased to ₹1.08 per equity share, up from ₹0.92 in Q1 FY26 and ₹0.83 in Q4 FY26.

Operational Expenditure Breakdown

Total standalone expenses for Q1 FY27 came in at ₹839.14 lakh, compared to ₹580.24 lakh in Q1 FY26 and ₹633.13 lakh in Q4 FY26.

Cost of Materials Consumed: Stood at ₹715.18 lakh, compared to ₹232.48 lakh in Q1 FY26 and ₹398.90 lakh in Q4 FY26.

Changes in Inventories: Reflected an inventory credit of ₹(435.00) lakh.

Employee Benefits Expense: Accounted for ₹150.60 lakh, compared to ₹124.32 lakh in Q1 FY26 and ₹176.57 lakh in Q4 FY26.

Other Expenses: Totaled ₹338.56 lakh, up from ₹203.99 lakh in Q1 FY26.

Finance Costs: Stood at ₹34.36 lakh, down sharply from ₹116.76 lakh in Q4 FY26.

Depreciation & Amortisation: Remained stable at ₹35.44 lakh.

Tax Expense: Total tax expense for Q1 FY27 stood at ₹25.00 lakh (entirely comprising current tax), compared to ₹19.00 lakh in Q1 FY26.

Shares of Banaras Beads Limited was last trading in BSE at Rs. 113.65 as compared to the previous close of Rs. 111.00. The total number of shares traded during the day was 6392 in over 100 trades.

The stock hit an intraday high of Rs. 119.50 and intraday low of 111.05. The net turnover during the day was Rs. 734919.00.