Safari Industries Q4 PAT seen up 155.7% YoY to Rs. 29.9 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Travel & Tourism sector. The brokerage house expects Safari Industries to report net profit at Rs. 29.9 crore up 155.7% year-on-year (down 13.4% quarter-on-quarter).

Net Sales are expected to increase by 54.3 percent Y-o-Y (down 1.8 percent Q-o-Q) to Rs. 297.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 193.2 percent Y-o-Y (down 9.8 percent Q-o-Q) to Rs. 49.6 crore.

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