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09-Nov-2024

Safari Industries (India)

OP down 25%


'Net sales (including other operating income) of Safari Industries (India) has increased 23.72% to Rs 457.79 crore.  Operating profit margin has declined from 17.15% to 10.46%, leading to 24.55% decline in operating profit to Rs 47.89 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 27.00% to 32.92%.   Purchase of finished goods cost fell from 26.19% to 22.64%.   Employee cost decreased from 6.90% to 6.69%.   Other expenses rose from 22.26% to 27.15%.  

Other income rose 144.79% to Rs 7.05 crore.  PBIDT fell 17.20% to Rs 54.94 crore.  Provision for interest rose 9.95% to Rs 2.43 crore.  Loan funds rose to Rs 156.54 crore as of 30 September 2024 from Rs 131.35 crore as of 30 September 2023.



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