Banas Finance's Q1 FY 2026-27 Quarterly Results

Result Summary

• Banas Finance Ltd reported a 85.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 84.8%.
• Its expenses for the quarter were down by 98.8% QoQ and 99.1% YoY.
• The net profit increased 11.4% QoQ and decreased 53.2% YoY.
• The earnings per share (EPS) of Banas Finance Ltd stood at 0.55 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Banas Finance Ltd is a company whose primary business activities revolve around financial services. The company typically engages in activities that may include lending, investing, or providing financial advisory services. As of the latest available data, specific details about recent developments, key products, or services beyond the general scope of financial services are not available. Industry classification and any significant recent changes in its business operations are also not explicitly provided in the current dataset. Banas Finance Ltd operates in the financial services sector, where it competes with other finance companies offering similar products and services.

Revenue

In the first quarter of FY27, Banas Finance Ltd reported a total income of ₹2.99 crores. This represents a significant decrease of 85.8% compared to the previous quarter (Q4FY26) where the total income was ₹21.02 crores. Year-over-year, the total income dropped by 84.8% from ₹19.63 crores in Q1FY26. The substantial decline in revenue both on a quarter-over-quarter and year-over-year basis indicates a substantial shift in the company's income generation during this period, as captured in the financial data.

Profitability

Banas Finance Ltd's profit before tax in Q1FY27 was ₹2.87 crores, reflecting a decrease of 72.9% from ₹10.60 crores in the previous quarter. Compared to the same quarter in the previous year (Q1FY26), the profit before tax decreased by 69.9% from ₹9.55 crores. Interestingly, despite the decrease in profit before tax, the profit after tax for Q1FY27 was ₹4.97 crores, which is an increase of 11.4% from ₹4.46 crores in Q4FY26. However, when compared year-over-year, the profit after tax saw a decline of 53.2% from ₹10.63 crores in Q1FY26. The earnings per share (EPS) for Q1FY27 was ₹0.55, marking a 27.6% decline from the previous quarter and a 53.4% decline from the same quarter last year.

Operating Metrics

The financial data for Banas Finance Ltd indicates total expenses of ₹0.12 crores in Q1FY27, which represents a dramatic decrease of 98.8% from the previous quarter's expenses of ₹10.41 crores. Year-over-year, expenses decreased by 99.1% from ₹13.48 crores in Q1FY26. The tax expense for Q1FY27 was reported as ₹0.00 crores, indicating a 100% decrease from the previous quarter's tax of ₹5.67 crores. The absence of tax expenses this quarter contributed to the observed changes in profitability metrics. The patterns observed in expenses and tax suggest significant operational changes within the company during this period.