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Banaras Beads reports Profit after tax of Rs 2.73 Mln, in the December 2022 quarter

16 Jan 2023 Evaluate
The sales moved down -50.28% to Rs. 29.58 millions for the December 2022 quarter as compared to Rs. 59.49 millions during the corresponding quarter last year.The Net Profit of the company slipped to Rs. 2.73 millions from Rs. 5.81 millions, a decline of -53.01% on QoQ basis.The Operating Profit of the company witnessed a decrease to 7.27 millions from 12.73 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 29.58 59.49 -50.28 181.60 200.37 -9.37 251.18 204.71 22.70
Other Income 3.52 3.41 3.23 10.88 13.46 -19.17 21.92 14.77 48.41
PBIDT 7.27 12.73 -42.89 35.35 42.36 -16.55 53.39 48.32 10.49
Interest 1.01 1.12 -9.82 1.57 1.81 -13.26 2.52 2.01 25.37
PBDT 6.26 11.61 -46.08 33.78 40.55 -16.70 50.87 46.31 9.85
Depreciation 2.53 3.30 -23.33 7.59 9.62 -21.10 12.81 14.57 -12.08
PBT 3.73 8.31 -55.11 26.19 30.93 -15.32 38.06 31.74 19.91
TAX 1.00 2.50 -60.00 6.50 7.50 -13.33 8.86 7.81 13.44
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.19 -0.20 -5.00
PAT 2.73 5.81 -53.01 19.69 23.43 -15.96 29.20 23.93 22.02
Equity 66.36 66.36 0.00 66.36 66.36 0.00 66.14 66.14 0.00
PBIDTM(%) 24.58 21.40 14.86 19.47 21.14 -7.92 21.26 23.60 -9.95
Peers
Company Name CMP
Asahi India Glass 1055.10
Borosil Renewables 419.60
Borosil Scientific 109.95
Haldyn Glass 135.75
Sejal Glass 873.25
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