Safari Industries (India) Limited has informed the Exchange regarding Outcome of Board Meeting held on May 06, 2025.
SAFARI · price
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Safari Industries' board approved audited standalone and consolidated financial results for Q4 and FY25, with statutory auditors issuing an unmodified opinion. Consolidated full-year revenue grew to Rs. 1,771.58 Cr from Rs. 1,550.42 Cr (~14% YoY), but profit after tax declined to Rs. 142.80 Cr from Rs. 175.81 Cr (~19% drop), with margins compressed due to higher material and operating costs. The board recommended a final dividend of Rs. 1.50 (75%) per share on face value of Rs. 2 for FY25, subject to shareholder approval at the 45th AGM on August 1, 2025. Mr. Sanjiv Kakkar (ex-Unilever EVP) was appointed as an Additional Independent Director for 5 years, and M/s. Dilip Bharadiya & Associates was appointed as Secretarial Auditor for 5 years (FY26–FY30).
Mixed outcome for shareholders: topline growth was healthy, but bottom-line contraction and margin compression signal cost pressures. The 75% dividend is a positive return, while the high-profile independent director addition may strengthen governance. Standalone operating cash flow turned negative, which is a watchpoint despite the consolidated figure remaining positive.