SAFARI2023-10-012023-12-31 SAFARI2023-10-012023-12-31 SAFARI2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member SAFARI2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member SAFARI2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 523025 SAFARI NOTLISTED Safari Industries (India) Limited Equity 2023-04-01 2024-03-31 2024-02-07 2024-01-31 INR Crores Third quarter 12:00:00 13:20:00 2024-02-07 2024-02-07 Not applicable Single segment Luggage 2023-10-01 2023-12-31 Unaudited Consolidated 3883000000.00 36600000.00 3919600000.00 1243100000.00 786100000.00 -9500000.00 243800000.00 23900000.00 129100000.00 937500000.00 3354000000.00 565600000.00 0.00 565600000.00 137600000.00 -1200000.00 136400000.00 0.00 429200000.00 0.00 0.00 0.00 0.00 429200000.00 -900000.00 428300000.00 428300000.00 0.00 95100000.00 2 9.02 8.98 0.00 0.00 9.02 8.98 0.00 0.00 0.00 1.The standalone and consolidated financial results of Safari Industries (India) Limited (the 'Holding Company') and its wholly owned subsidiaries, namely, Safari Manufacturing Limited and Safari Lifestyles Limited (the Holding Company and its subsidiaries together referred to as the 'Group') have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 7 February 2024.The statutory auditors of the Holding Company have carried out a limited review of the same. 2.These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34, Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 3.During the current quarter and nine months ended 31 December 2023, the Holding Company has allotted 1,500 and 11,300 equity shares of Rs 2 each respectively to the eligible employee pursuant to Safari Employee Stock Option Scheme 2016. Further, during the nine months ended 31 December 2023, 61,017 equity shares of Rs 2 each has been allotted to the eligible employee pursuant Safari Employees Stock Appreciation Rights Scheme, 2022. 4.During the current quarter ended 31 December 2023, the Holding Company has invested in 6,00,00,000 cumulative 7.75% redeemable preference shares of face value of Rs 10 each in its wholly owned subsidiary company, Safari Manufacturing Limited. 5.During the current quarter ended 31 December 2023, pursuant to approval given by the shareholders in the Extraordinary General Meeting held on 27 November 2023, the Holding Company has issued 2,37,83,607 fully paid up bonus equity shares of Rs 2 each in the ratio of one equity share of Rs 2 each for every one existing equity share of Rs 2 each. As a result of the bonus issue, the paid up share capital of the Holding Company has increased to Rs 9.51 crores from Rs 4.76 crores. Earnings per share of comparative periods have been duly adjusted for the same. 6.The Board of Directors of Holding Company, at its meeting held on 15 January 2024 has considered and approved, the issuance and allotment of 12,00,000 equity shares of the Company having face value of Rs 2 each at a price of Rs 1,908 per equity share (including a premium of Rs 1,906/- per equity share) on a preferential basis amounting to Rs 228.96 crores, in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, and the rules made thereunder. The above proposal is subject to the approval of shareholders of the Company at the Extraordinary General Meeting scheduled to be held on 13 February 2024. 7.As the Group's business activity falls under single operating segment viz. luggage business, no further disclosures are required to be furnished as per Indian Accounting Standard 108 - Operating Segment. 8.The figures of the previous periods' / years' have been regrouped / recast to render them comparable with the figures of the current period. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 11850000000.00 88200000.00 11938200000.00 3356000000.00 2642700000.00 379900000.00 733800000.00 72100000.00 380900000.00 2630800000.00 10196200000.00 1742000000.00 0.00 1742000000.00 423100000.00 -7300000.00 415800000.00 0.00 1326200000.00 0.00 0.00 0.00 0.00 1326200000.00 -2800000.00 1323400000.00 1323400000.00 0.00 95100000.00 2 27.90 27.76 0.00 0.00 27.90 27.76 0.00 0.00 0.00 Other Expenses 937500000.00 Other Expenses 2630800000.00 -1200000.00 -3700000.00 -300000.00 -900000.00 0.00 0.00