Safari Industries Q2 PAT seen up 36.4% YoY to Rs. 40.5 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Travel & Tourism  sector. The brokerage house expects Safari Industries to report net profit at Rs. 40.5 crore up 36.4% year-on-year (down 19.9 percent Q-o-Q).

Net Sales are expected to increase by 12 percent Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 512.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33.8 percent Y-o-Y (down 19.2 percent Q-o-Q) to Rs. 64.1 crore.

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