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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">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 07 August 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 year ended 31 March 2024, pursuant to approval given by the shareholders in the Extraordinary General Meeting held on 27 November 2023,the Holding Company had 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. Earnings per share for the quarter ended 30 June 2023 have been duly adjusted for the same.      4.The figures for the quarter ended 31 March 2024 are the balancing figure between the audited figures in respect of the full financial year and the unaudited published figures upto nine months of the relevant financial year.      5.As the Group's business activity falls under a single operating segment viz. luggage business, no further disclosures are required to be furnished as per Indian Accounting Standard 108,'Operating Segments'.      6.The figures of the previous periods / years have been regrouped / recast to render them comparable with the figures of the current period.The impact of such reclassification/regrouping is not material to the financial results.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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