Banaras Beads FY26 Revenue down 19.27%, PAT down 42.54%; US tariff impact

Banaras Beads Limited announced its audited financial results for Q4 and the full year ended March 31, 2026. For Q4 FY2026, revenue decreased by 15.75% to ₹650.82 lacs, and Profit After Tax (PAT) decreased by 5.13% to ₹54.93 lacs compared to the previous quarter. For the full year FY2026, revenue was down by 19.27% to ₹2548.68 lacs, and PAT significantly declined by 42.54% to ₹177.46 lacs compared to the previous year. Chairman & MD, Ashok Kumar Gupta, attributed the decline to US tariff issues which caused buyers to hold orders. He confirmed these issues are resolved, orders are confirmed, and export execution has begun. The company anticipates increased turnover and profitability in upcoming periods and expects no debt servicing problems due to strong liquidity.