Announced Tue, 6 May · 14:07 IST

Safari Industries (India) Limited has informed the Exchange about change in Management

Management Changes View source PDF

SAFARI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Safari Industries' board approved audited financial results for Q4 and FY25. Consolidated revenue from operations grew ~14.3% YoY to Rs. 1,771.58 cr, but profit after tax fell ~18.8% to Rs. 142.80 cr (FY24: Rs. 175.81 cr). Standalone PAT declined to Rs. 117.53 cr from Rs. 154.48 cr. The board recommended a final dividend of Rs. 1.50 (75%) per share for FY25. Mr. Sanjiv Kakkar, a former Unilever Executive Vice President with 38 years of experience, was appointed as an Additional Non-Executive Independent Director for a 5-year term. M/s. Dilip Bharadiya & Associates was appointed as Secretarial Auditor for FY26–FY30. The 45th AGM is scheduled for 1st August 2025.

Likely market impact

Revenue growth is healthy, but a notable decline in profitability (both standalone and consolidated) despite higher sales may raise margin concerns. The dividend of Rs. 1.50 signals continuity in shareholder returns. The addition of a high-profile Independent Director with FMCG leadership experience could strengthen governance and strategic oversight.