Banaras Beads Q1 Net Profit Rises 31% YoY

Date: July 23, 2026

Banaras Beads Limited reported un-audited standalone financial results for the quarter ended June 30, 2026 (Q1 FY2027).

Revenue Performance:

Revenue from operations: ₹936.12 lakhs in Q1 FY2027
Comparison periods: ₹697.87 lakhs in Q1 FY2026 (previous year same quarter) and ₹660.23 lakhs in Q4 FY2026 (immediately preceding quarter)
Year-over-year growth: 34.2% increase from Q1 FY2026
Quarter-over-quarter growth: 41.8% increase from Q4 FY2026

Expense Breakdown:

Purchases of Stock in Trade: ₹0.00 lakhs (consistent across all periods)
Changes in inventories: ₹-435.00 lakhs in Q1 FY2027 (₹-354.14 lakhs in Q1 FY2026, ₹-31.84 lakhs in Q4 FY2026)
Employees benefit expenses: ₹150.60 lakhs in Q1 FY2027 (₹176.57 lakhs in Q1 FY2026, ₹124.32 lakhs in Q4 FY2026)
Finance Costs: ₹34.36 lakhs in Q1 FY2027 (₹116.76 lakhs in Q1 FY2026, ₹14.95 lakhs in Q4 FY2026)
Depreciation & Amortisation: ₹35.44 lakhs in Q1 FY2027 (₹36.14 lakhs in Q1 FY2026, ₹36.34 lakhs in Q4 FY2026)
Other expenses: ₹338.56 lakhs in Q1 FY2027 (₹258.90 lakhs in Q1 FY2026, ₹203.99 lakhs in Q4 FY2026)
Total Expenses: ₹839.14 lakhs in Q1 FY2027 (₹633.13 lakhs in Q1 FY2026, ₹580.24 lakhs in Q4 FY2026)

Profitability Metrics:

Profit before exceptional items & tax: ₹96.98 lakhs in Q1 FY2027 (₹63.74 lakhs in Q1 FY2026, ₹79.99 lakhs in Q4 FY2026)
Exceptional items: ₹0.00 lakhs across all periods
Extra Ordinary Items: ₹0.00 lakhs across all periods
Profit before tax: ₹96.98 lakhs in Q1 FY2027 (₹63.74 lakhs in Q1 FY2026, ₹79.99 lakhs in Q4 FY2026)

Tax Expenses:

Current Tax: ₹25.00 lakhs in Q1 FY2027 (₹15.50 lakhs in Q1 FY2026, ₹19.00 lakhs in Q4 FY2026)
Deferred Tax: ₹0.00 lakhs in Q1 FY2027 (₹-6.69 lakhs in Q1 FY2026, ₹0.00 lakhs in Q4 FY2026)
Total Tax: ₹25.00 lakhs in Q1 FY2027 (₹8.81 lakhs in Q1 FY2026, ₹19.00 lakhs in Q4 FY2026)

Net Profit:

Profit for the period: ₹71.98 lakhs in Q1 FY2027 (₹54.93 lakhs in Q1 FY2026, ₹60.99 lakhs in Q4 FY2026)
Year-over-year growth: 31.0% increase from Q1 FY2026
Quarter-over-quarter growth: 18.0% increase from Q4 FY2026
Total Comprehensive Income: ₹71.98 lakhs in Q1 FY2027 (₹54.93 lakhs in Q1 FY2026, ₹60.99 lakhs in Q4 FY2026)

Earnings Per Share:

Basic EPS (continuing operations): ₹1.08 in Q1 FY2027 (₹0.83 in Q1 FY2026, ₹0.92 in Q4 FY2026)
Diluted EPS (continuing operations): ₹1.08 in Q1 FY2027 (₹0.83 in Q1 FY2026, ₹0.92 in Q4 FY2026)
No discontinued operations reported across all periods

The Board of Directors meeting was held on July 23, 2026, from 11:30 AM to 1:16 PM. The board:

Reviewed and approved the un-audited standalone financial results for the quarter ended June 30, 2026
The results were previously reviewed and recommended by the Audit Committee

Business segment: The company operates in a single segment comprising export of Glass beads, Handicrafts and related items
Geographic concentration: Main commercial activities are located in Varanasi
No subsidiary, associate, or joint venture companies exist
No shareholder complaints were received during the quarter, and no complaints were pending unresolved as of June 30, 2026

B. Statement on deviation or variation: Not applicable
C. Outstanding default on loans and debt securities: No outstanding loans or debt securities, and no defaults reported
D. Related party transactions: Not applicable (only required for half-yearly filings)
E. Statement on impact of audit qualifications: Not applicable (only required for annual filings)

The results were prepared in accordance with Indian Accounting Standards (Ind AS) Rules 2015
Corresponding figures from previous periods have been regrouped where necessary
The financial results are available on BSE website (www.bseindia.com/corporates), NSE website (www.nseindia.com/corporate), and company website (www.bblinvestor.com)