Safari Industries (India) Ltd's Q4FY25 Quarterly Results

Result Summary

• Safari Industries (India) Ltd reported a 17.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 21.3%.
• Its expenses for the quarter were down by 23.1% QoQ and up 23.0% YoY.
• The net profit increased 38.7% QoQ and increased 13.4% YoY.
• The earnings per share (EPS) of Safari Industries (India) Ltd stood at 9 during Q4FY25.

Financial Statments for Q4FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Safari Industries (India) Ltd is a prominent player in the luggage and travel accessories industry. The company is known for manufacturing and marketing a wide array of travel-related products, including luggage, backpacks, and accessories. Safari Industries has established a strong brand presence in India, catering to the needs of travelers with its range of durable and stylish products. The company operates in a competitive sector, facing competition from both local and international brands. As of the data available till October 2023, there are no specific recent major developments available for Safari Industries (India) Ltd.

Revenue

For the fourth quarter of fiscal year 2025 (Q4FY25), Safari Industries reported a total income of ₹370.48 crores. This represents a decrease of 17.6% compared to the previous quarter (Q3FY25), where the total income was ₹449.88 crores. However, when compared to the same quarter of the previous year (Q4FY24), there is a notable increase of 21.3%, with last year's figure at ₹305.39 crores. The year-over-year growth suggests a positive trend in revenue generation compared to the previous year, despite a quarter-over-quarter decline in the most recent quarter.

Profitability

The company reported a profit before tax of ₹55.92 crores for Q4FY25, which is a significant increase of 37.1% over the previous quarter's profit before tax of ₹40.79 crores. On a year-over-year basis, the profit before tax rose by 12.8% from ₹49.59 crores in Q4FY24. The tax expense for Q4FY25 was ₹12.73 crores, reflecting a quarter-over-quarter increase of 31.9% and a year-over-year increase of 10.6%. Consequently, the profit after tax for Q4FY25 stood at ₹43.19 crores, marking a substantial increase of 38.7% from the previous quarter and an increase of 13.4% from the same quarter last year. The earnings per share for Q4FY25 was ₹9.00, indicating a quarter-over-quarter increase of 40.6%, but a decrease of 43.8% year-over-year from ₹16.00 in Q4FY24.

Operating Metrics

In Q4FY25, Safari Industries reported total expenses of ₹314.56 crores, a significant reduction of 23.1% from the previous quarter's expenses of ₹409.09 crores. This reduction in expenses is juxtaposed against a year-over-year increase of 23.0% from ₹255.80 crores in Q4FY24. The company's ability to manage its expenses quarter-over-quarter while increasing them year-over-year suggests a dynamic operational adjustment. Despite fluctuations in income and expenses, the company has maintained a positive trajectory in profitability metrics, demonstrated by the increases in profit before tax, profit after tax, and earnings per share compared to the previous year. These operating metrics highlight the company's operational efficiency adjustments in response to market conditions.