Safari Industries (India)'s Q2 FY 2026-27 Quarterly Results

Result Summary

• Safari Industries (India) Ltd reported a 1.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 9.3%.
• Its expenses for the quarter were up by 1.7% QoQ and 13.5% YoY.
• The net profit decreased 22.7% QoQ and decreased 21.3% YoY.
• The earnings per share (EPS) of Safari Industries (India) Ltd stood at 7.54 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

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 range of products including suitcases, briefcases, and other travel bags. Safari Industries operates primarily in the Indian market, catering to both domestic and international travelers. The company has established a strong brand presence through quality products and strategic marketing initiatives. There are no specific recent major developments provided in the data, and any further information about recent changes or strategic shifts is not available within the provided data.

Revenue

For the quarter ending Q2FY27, Safari Industries reported a total income of ₹589.45 crores. This marks a slight decrease of 1.1% compared to the previous quarter (Q1FY27), where the total income stood at ₹595.78 crores. However, when comparing year-over-year, the company achieved a 9.3% increase in total income from Q2FY26, where the income was ₹539.30 crores. This year-over-year growth highlights a positive trend over the past year despite the quarterly dip.

Profitability

In terms of profitability, the company's profit before tax for Q2FY27 was ₹45.67 crores, reflecting a decrease of 25.2% from the previous quarter's ₹61.05 crores. This also represents a 24.0% decline from Q2FY26's ₹60.13 crores. Correspondingly, the profit after tax for Q2FY27 was ₹36.93 crores, which is a 22.7% decrease from Q1FY27's ₹47.75 crores and a 21.3% decrease from Q2FY26's ₹46.94 crores. The earnings per share (EPS) also decreased by 22.6% quarter-over-quarter and 21.3% year-over-year, from ₹9.74 in Q1FY27 and ₹9.58 in Q2FY26 to ₹7.54 in Q2FY27.

Operating Metrics

The total expenses for Safari Industries in Q2FY27 were ₹543.78 crores, which increased by 1.7% from Q1FY27's ₹534.73 crores. Year-over-year, there was a significant increase of 13.5% compared to Q2FY26's expenses of ₹479.17 crores. The tax expense for Q2FY27 was ₹8.74 crores, a decrease of 34.3% from the previous quarter's ₹13.30 crores and a 33.7% decrease year-over-year from Q2FY26's ₹13.19 crores. The data highlights increased expenses and reduced tax liabilities in both quarterly and annual comparisons.