Banaras Beads Limited — Board Meeting, 31-01-2025: Outcome of Board Meeting

Banaras Beads Limited has announced a board meeting focused on reviewing the financial results for the quarter and half-year. The company reported a revenue from operations of ₹573.60 Cr for the third quarter, reflecting a 51% decline from the previous quarter, while profit after tax stood at ₹59.97 Cr, down 57%. However, on a nine-month basis, revenue increased by 25% to ₹2,436.61 Cr, with profit up 21% to ₹317.82 Cr. The management anticipates a 20% growth in both turnover and profitability in the upcoming periods.