Safari Industries Q4 PAT seen up 9.3% YoY to Rs. 41.6 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Travel & Tourism sector. The brokerage house expects Safari Industries to report net profit at Rs. 41.6 crore up 9.3% year-on-year (down 3% quarter-on-quarter).

Net Sales are expected to increase by 27.2 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 385.1 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.4 percent Y-o-Y (down 1.4 percent Q-o-Q) to Rs. 67.2 crore.

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