Safari Industries (India) has received upgrade in credit ratings from CRISIL as under:Total Bank Loan Facilities Rated Rs. 150 croreLong Term Ratings - CRISIL AA-/Stable (Upgraded from `CRISIL A+/Stable`)Short Term Ratings - CRISIL A1+ (Upgraded from CRISIL A1)Powered by Capital Market - Live News

Safari Industries (India) announced that the 44th Annual General Meeting(AGM) of the company will be held on 7 August 2024.Powered by Capital Market - Live News

Safari Industries (India) announced that the Board of Directors of the Company at its meeting held on 14 May 2024, has recommended a Final dividend of Rs.1.50 per share (i.e.75%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Safari Industries (India) rose 13.42% to Rs 43.19 crore in the quarter ended March 2024 as against Rs 38.08 crore during the previous quarter ended March 2023. Sales rose 20.72% to Rs 365.42 crore in the quarter ended March 2024 as against Rs 302.71 crore during the previous quarter ended March 2023.For the full year,net profit rose 40.55% to Rs 175.81 crore in the year ended March 2024 as against Rs 125.09 crore during the previous year ended March 2023. Sales rose 27.92% to Rs 1550.42 crore in the year ended March 2024 as against Rs 1211.98 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales365.42302.71 21 1550.421211.98 28 OPM %18.2919.25 -17.9016.24 - PBDT69.6258.74 19 281.91198.35 42 PBT55.9249.58 13 230.12165.04 39 NP43.1938.08 13 175.81125.09 41 Powered by Capital Market - Live News

Safari Industries (India) has approved the grant of 5,200 Employee Stock Appreciation Rights (ESAR) to eligible employees of the Company under the Safari Employees Stock Appreciation Rights Scheme 2022 (ESAR Scheme 2022). Powered by Capital Market - Live News