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Banas Finance Ltd consolidated sales down 85.63% on year in Q2FY2026, net profit tumbled by 41.78%
14-Aug-2026, 09:36
Banas Finance Ltd share price ticked higher by 0.56% to Rs 7.22. The Company's net profit plunged by 41.78% to Rs 2.87 crore, while revenue from operations dropped sharply 85.63% to Rs 2.99 crore in Q2FY26 over Q1FY26. The market capitalization of Investment Company industry group stocks on BSE stood at Rs 4.07 lakh crore, easing 6.53%. It has eased by 2.93% over last one week and crept higher by 6.71% in last one month while the market capitalization of Banas Finance Ltd has improved by 1.84% and 0.26% in the same period respectively. Profit before tax (PBT) of Banas Finance Ltd stood at Rs 2.87 crore in Q2 FY26, plunging by 69.95% year-on-year, and tumbling by 72.92% quarter-on-quarter. EBITDA came in at Rs 3 crore, nosediving by 69.15% YoY and crashing by 71.91% sequentially. Total expenses slumped by 98.75% to Rs 0.13 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 0.68 crore, remaining flat YoY. For the TTM ended FY26, revenue from operations sank 35.13% to Rs 43.23 crore, while net profit witnessed a sharp fall of 365.78% to Rs 5.98 crore, compared to previous TTM. EBITDA jumped by 1864% to Rs 18.1 crore, and PBT collapsed by 152.30% to Rs 17.59 crore compared to previous TTM. Banas Finance Ltd nosedived by 26.21% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.05% during the same period.