Safari Industries (India) Limited has announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The Board also approved the appointment of Mr. Aditya Bhargava as the Chief Financial Officer (CFO), effective August 4, 2026. The financial results will be available on the company’s website and published in newspapers as per regulations. Mr. Bhargava brings over 22 years of experience in finance and related functions.
Safari Industries Board Approves Financials and Appoints New CFO
Safari Industries (India) Limited has announced key decisions made during its Board of Directors meeting held on August 4, 2026. The Board has reviewed and approved the unaudited financial results, both standalone and consolidated, for the quarter ended June 30, 2026. A Limited Review Report for these financials was also approved.
Financial Results Details
The unaudited financial results for the quarter ended June 30, 2026, have been considered and approved. These results, along with the Limited Review Report, have been enclosed with this disclosure. Safari Industries will be publishing these results on its official website, www.safaribags.com, and in newspapers, in adherence to the Listing Regulations.
Appointment of Chief Financial Officer
In a significant move for its leadership team, the Board of Directors has approved the appointment and redesignation of Mr. Aditya Bhargava as the Chief Financial Officer (CFO) and Key Managerial Personnel of the Company. This appointment is effective from August 4, 2026. Mr. Bhargava will also be recognized as part of the Senior Management team, as per SEBI regulations.
Background of New CFO
Mr. Aditya Bhargava comes to Safari Industries with over 22 years of extensive experience across finance, accounts, commercial, and procurement functions in diverse industries. He is a qualified Chartered Accountant and holds a B.Com Honors degree from Delhi University. Previously, he served as CFO for Badshah Masala Private Limited and held the position of SAARC Finance Head for Dabur. His tenure at Dabur (since 2014) involved various leadership roles, including Head Commercial for Dabur India and Head of Finance for Dabur Nepal & SAARC. He also has prior experience with PepsiCo India Holding Private Limited and Gillette India Limited.
Disclosure of Relationships
The disclosure regarding relationships between directors has been stated as ‘Not Applicable’.
Auditor’s Review Report
Independent Auditor’s Review Reports on both Standalone and Consolidated Unaudited Quarterly Financial Results for the quarter ended June 30, 2026, have been provided. The reports from Walker Chandiok & Co LLP confirm that based on their review, nothing has come to their attention that suggests the financial statements are not prepared in accordance with accounting principles or that they contain material misstatements.
Key Financial Highlights (Unaudited – Quarter Ended June 30, 2026)
- Total Income (Standalone): ₹596.73 Crores
- Total Income (Consolidated): ₹533.63 Crores
- Profit Before Tax (Standalone): ₹37.68 Crores
- Profit Before Tax (Consolidated): ₹61.05 Crores
- Profit for the period (Standalone): ₹28.87 Crores
- Profit for the period (Consolidated): ₹47.75 Crores
- Earnings Per Share – Basic (Standalone): ₹5.89
- Earnings Per Share – Basic (Consolidated): ₹9.75
Source: BSE
