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Banaras Beads Ltd Q1FY24; 33% fall in Profits

Incorporated in 1980, Banaras Beads Ltd is in the business of Manufacturing and export of Handicraft items like Glass Beads; Necklaces, Imitation Jewelry, etc.


Financial Results:

  • Banaras Beads Ltd reported Revenues for Q1FY24 of ₹6.22 Crores down from ₹6.68 Crore year on year, a fall of 6.89%.
  • Total Expenses for Q1FY24 of ₹6.18 Crores up from ₹6.09 Crores year on year, a rise of 1.48%.
  • Consolidated Net Profit of ₹0.45 Crores down 32.84% from ₹0.67 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.68, down 32.67% from ₹1.01 in the same quarter of the previous year.
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