Safari Industries reported mixed fourth-quarter results for the March quarter, with revenue rising 12.4% year-on-year to ₹473.3 crore from ₹421.06 crore in the corresponding period last year. However, consolidated net profit declined marginally by 0.32% to ₹37.47 crore compared with ₹37.59 crore in the previous year. According to Business Standard, the company's operating profit margin (OPM) contracted to 13.06% from 14.45% a year ago, indicating margin pressure despite revenue growth. PBDT increased 3% to ₹66.96 crore from ₹64.85 crore, while PBT declined 1% to ₹49.06 crore from ₹49.43 crore in the previous year.
For the full financial year 2026, Safari Industries demonstrated strong growth momentum with consolidated net profit rising 17.48% to ₹167.76 crore compared with ₹142.80 crore in the previous year. As reported by Business Standard, annual sales grew 15.55% to ₹2,047.02 crore from ₹1,771.58 crore in FY25, reflecting the company's robust performance across the year. The annual results showcase Safari Industries' ability to maintain growth trajectory while managing operational challenges in the quarter.
The company's board recommended a final dividend of ₹2 per equity share of face value ₹2 each for FY26, subject to shareholder approval at the upcoming annual general meeting. As reported by CNBC TV18, shares of Safari Industries traded largely flat following the earnings announcement, reflecting investor sentiment on the mixed results. The dividend payment is scheduled to be made on or before September 3, 2026.
Safari Industries has strengthened its brand portfolio and market positioning amid rising travel and lifestyle demand. According to CNBC TV18, the company entered into a licensing agreement with Carlton Retail in February 2026 for the use of the "Carlton" brand in India under Class 18 products, including luggage. Under this agreement, Safari Industries will be allowed to use the Carlton brand for an initial period of 20 years, with an option to renew it for another 20 years at the company's discretion. The company offers products across luggage, backpacks and travel gear under brands including Safari and Carlton.
Safari Industries is positioned as one of India's leading luggage and travel accessories companies, offering products across luggage, backpacks and travel gear under brands including Safari and Carlton. As reported by CNBC TV18, the company continues to benefit from continued demand momentum in the travel and lifestyle segment, despite facing margin pressures that offset the positive revenue growth trajectory. The company's ability to maintain annual growth despite quarterly margin challenges demonstrates its resilience in the competitive travel accessories market.
