Safari Industries (India) Limited — Important, 04-02-2025: Financial Result Updates

**Consolidated Financial Summary for Safari Industries (India) Limited**

Revenue from operations for the quarter ended 31 December 2024 grew to ₹442.71 crore, a 14% increase from ₹388.30 crore year-on-year. This upward trend can be attributed to heightened consumer demand and strategic market expansion initiatives. Total income reached ₹449.88 crore, reflecting similar growth dynamics.

Net profit for the quarter is reported at ₹31.14 crore, down from ₹42.92 crore, resulting in an earnings per share (EPS) of ₹6.36 as compared to ₹8.98 for the same period last year. The decline in profit is influenced by a 22% rise in total expenses, now totaling ₹409.09 crore, driven mainly by increased inventory purchases and operational costs.

Operational costs have surged, rising particularly in stock purchases and employee benefits, which were up 38% and 27%, respectively. This increase highlights challenges in cost management amid expanding production and heightened workforce expenses.

The balance sheet remains stable, with equity share capital steady at ₹9.78 crore and other equity amounting to ₹786.28 crore, showcasing a solid financial foundation.

Looking forward, the strategic focus appears to be on enhancing operational efficiencies to counter rising costs while potentially looking at diversifying product offerings. Investor sentiment may remain cautious in light of declining profitability and increasing expenses, suggesting a hold position for the short-term until more favorable operational trends materialize.