Safari Industries (India) Limited reported its Q4 results with revenue growth in double digits, while profit remained largely flat on a year-on-year basis.
The company posted a net profit of Rs 37.5 crore for the fourth quarter, marginally lower by 0.3% compared to Rs 37.6 crore reported in the corresponding quarter last year.
Revenue from operations rose 12.4% YoY to Rs 473.3 crore against Rs 421 crore in the same period last year, supported by steady demand across its luggage and travel accessories business.
EBITDA during the quarter increased 2.3% to Rs 62 crore compared to Rs 60.4 crore in the year-ago period. However, EBITDA margin declined to 13% from 14.3% YoY, indicating pressure on operational profitability.
Safari Industries Q4 Highlights
- Net profit at Rs 37.5 crore vs Rs 37.6 crore YoY
- Revenue at Rs 473.3 crore vs Rs 421 crore YoY
- EBITDA at Rs 62 crore vs Rs 60.4 crore YoY
- EBITDA margin at 13% vs 14.3% YoY
Safari Industries has remained in focus amid rising travel demand and improving consumer spending trends in India’s luggage and travel gear segment.