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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 09 August 2023.The statutory auditors of the Holding Company have carried out a limited review of the same.   2.These 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 quarter ended 30 June 2023, the Holding Company has alloted 3,000 equity shares of Rs 2 each to the eligible employee pursuant to Safari Employee Stock Option Scheme 2016 ('ESOP 2016').      4.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'.      5.The figures for the quarter ended 31 March 2023 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.      6.The figures of the previous year/period have been regrouped/recast to render them comparable with the figures of the current period.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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