Banaras Beads Q1 Results Live : profit rise by 18.95% YOY
Banaras Beads Q1 Results Live : Revenue increased by 13.82% YoY & profit increased by 18.95% YoY
Banaras Beads Q1 Results Live : Banaras Beads declared their Q1 results on 25 Jul, 2024. The topline increased by 13.82% & the profit increased by 18.95% YoY. However, there was a decline in revenue and profit as compared to the previous quarter.
The Selling, general & administrative expenses showed a decline of 21.5% q-o-q but increased by 8.87% Y-o-Y, indicating a mixed trend in expenses management.
Operating income witnessed a decrease of 5.28% q-o-q but a significant increase of 79.15% Y-o-Y, showcasing strong year-over-year performance.
The EPS for Q1 stood at ₹0.81, reflecting a growth of 19.12% Y-o-Y, suggesting improved earnings per share for the company.
Banaras Beads experienced -3.79% return in the last 1 week, 1.07% return in the last 6 months, and 6.99% YTD return, highlighting fluctuations in the company's stock performance.
With a market cap of ₹67.88 Cr and 52wk high/low of ₹119.95 & ₹81.7 respectively, Banaras Beads continues to navigate market dynamics amidst varying financial results.
Banaras Beads Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 7.08 | 8.69 | -18.52% | 6.22 | +13.82% |
| Selling/ General/ Admin Expenses Total | 1.21 | 1.54 | -21.5% | 1.11 | +8.87% |
| Depreciation/ Amortization | 0.26 | 0.22 | +20.93% | 0.31 | -14.22% |
| Total Operating Expense | 6.77 | 8.36 | -19.04% | 6.04 | +11.94% |
| Operating Income | 0.31 | 0.33 | -5.28% | 0.17 | +79.15% |
| Net Income Before Taxes | 0.72 | 1.05 | -31.62% | 0.58 | +23.3% |
| Net Income | 0.54 | 0.77 | -29.65% | 0.45 | +18.95% |
| Diluted Normalized EPS | 0.81 | 1.15 | -29.57% | 0.68 | +19.12% |
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