Safari Industries Announces Financial Results and Appoints New CFO
Safari Industries (India) Limited has released its unaudited financial results for the quarter ended June 30, 2026, across both standalone and consolidated statements. Furthermore, the company announced the appointment and redesignation of Mr. Aditya Bhargava as Chief Financial Officer (CFO), effective August 4, 2026.The Board of Directors reviewed and approved these results, along with a Limited Review Report, following the conclusion of its meeting on August 4, 2026.
Key Personnel Appointment
In addition to the financial disclosures, the company confirmed the appointment and redesignation of Mr. Aditya Bhargava as Chief Financial Officer (CFO) and Senior Management, effective from August 4, 2026. This decision followed recommendations from the Nomination, Remuneration and Compensation Committee and the Audit Committee.Mr. Aditya Bhargava brings over 22 years of experience in Finance, Accounts, Commercial, and Procurement functions across various industries. He is a qualified Chartered Accountant (CA) and holds a B.Com Honors degree from Delhi University. His previous roles include serving as CFO for Badshah Masala and SAARC Finance Head for Dabur, where he also managed Legal, IT, HR, and Operations functions for the company. Prior to his association with Dabur since 2014, he held positions at PepsiCo India Holding Private Limited and Gillette India Limited.
Financial Performance Snapshot (Quarter ended June 30, 2026)
The unaudited financial results provide detailed performance metrics for the quarter ending June 30, 2026. The data highlights revenue, expenses, profit before tax, and net profit across standalone and consolidated segments. The figures are presented in Crores.Financial details for Safari Industries (India) Limited and its subsidiaries are summarized below:
| Particulars | Standalone Q Ended June 30, 2026 | Consolidated Q Ended June 30, 2026 |
|---|---|---|
| Revenue from Operations | 588.58 | 586.58 |
| Other Income | 7.20 | 7.14 |
| Total Income (Revenue + Other Income) | 595.78 | 593.30 |
| Total Expenses | 534.73 | 534.38 |
| Profit Before Tax (PBT) | 61.05 | 61.40 |
| Total Tax Expense | 13.30 | 12.95 |
| Net Profit for the Period | 47.75 | 48.45 |
Detailed Financial Highlights
The financial results present a detailed look at various expense components, equity structure, and earnings per share across both standalone and consolidated operations.A breakdown of major expenses and performance indicators is provided in the table below:
| Metric | Standalone (Q End June 30, 2026) | Consolidated (Q End June 30, 2026) |
|---|---|---|
| Cost of Materials Consumed | 201.08 | 164.52 |
| Purchases of Stock-in-Trade | 84.90 | 101.10 |
| Employee Benefits Expense | 37.73 | 38.24 |
| Depreciation and Amortization Expenses | 19.04 | 17.90 |
| Total Expenses | 534.73 | 431.38 |
The company's equity structure remains stable, with Paid-up Equity Share Capital reported at 9.80 (Crores) for both standalone and consolidated entities as of the quarter end. Earnings per share (basic and diluted) were reported as 9.75 and 9.74, respectively, for the consolidated entity.
The Group, which includes Safari Manufacturing Limited and Safari Lifestyles Limited, operates solely in the luggage business segment.
SAFARI Stock Price Movement
As of 2:31 PM, Safari Industries (India) Limited is shedding value in live trading, with shares dipping by 1.24% to stand at ₹1528.90. The stock has seen a volume of 34,867 shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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