Safari Industries (India) Ltd Share Price – NSE  /  BSE

Plastic products, Small Cap

Safari Industries (India) has received upgrade in credit ratings from CRISIL as under:

Total Bank Loan Facilities Rated Rs. 150 crore
Long Term Ratings - CRISIL AA-/Stable (Upgraded from 'CRISIL A+/Stable')
Short Term Ratings - CRISIL A1+ (Upgraded from CRISIL A1)

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Safari Industries (India) announced that the 44th Annual General Meeting(AGM) of the company will be held on 7 August 2024.

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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.

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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.

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