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Safari Industries Ltd Q4FY23 results out, revenue grows by 57%

Safari Industries is in the business of manufacturing and trading of luggage and luggage accessories. There are two broad categories of luggage i.e hard luggage and soft luggage. Hard luggages are mainly made of PolyPropylene (PP) and Polycarbonate (PC) and manufactured in-house by Safari at its Plant located at Halol, Gujarat. Soft luggages are made of fabrics of various kinds and are mainly imported.

  • Safari Industries India Ltd reported Total revenue for Q4 FY23 of ₹303 Crore, up from ₹193 Crore year on year depicting a growth of 57%.
  • Total Expenses for Q4 FY23 of ₹244 Crore up, from ₹176 Crore year on year, a growth of 39%.
  • Consolidated Net Profit of ₹38 Crore, up 1800% from ₹2 Crore in the same quarter of the previous year.
  • The Earnings per Share is ₹16.06, up 1401% from ₹1.07 in the same quarter of the previous year.
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