Safari Industries (India) Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 4,577.9 million compared to INR 3,700.2 million a year ago. Revenue was INR 4,648.4 million compared to INR 3,729 million a year ago. Net income was INR 296.6 million compared to INR 397.6 million a year ago. Basic earnings per share from continuing operations was INR 6.07 compared to INR 8.38 a year ago. Diluted earnings per share from continuing operations was INR 6.06 compared to INR 8.32 a year ago.
For the six months, sales was INR 9,078.1 million compared to INR 7,967 million a year ago. Revenue was INR 9,230.8 million compared to INR 8,018.6 million a year ago. Net income was INR 740.7 million compared to INR 897 million a year ago. Basic earnings per share from continuing operations was INR 15.18 compared to INR 18.91 a year ago. Diluted earnings per share from continuing operations was INR 15.13 compared to INR 18.78 a year ago.
Safari Industries (India) Limited is an India-based holding company. The Company operates, through its subsidiaries, Safari Manufacturing Limited and Safari Lifestyle Limited. The Company's products include hard luggage case and soft luggage and backpacks. Its trolley bags categories include hard trolley bags, soft trolley bags, laptop trolley bags, and printed trolley bags. Its backpacks categories include laptop backpacks, school backpacks, office backpacks, college backpacks, overnighter backpacks, adventure backpacks, formal backpacks, and 17-inch laptop bags. The Safari Manufacturing Limited is engaged in manufacturing and distribution of luggage and luggage accessories and Safari Lifestyles Limited is engaged in the Marketing and distribution of Luggage and luggage accessories.
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