Safari Industries Q2 PAT seen up 36.4% YoY to Rs. 40.5 cr: Prabhudas Lilladher

About this update from Safari Industries (india) Limited

Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Travel & Tourism sector. The brokerage house expects Safari Industries to report net profit at Rs. 40.5 crore up 36.4% year-on-year (down 19.9 percent Q-o-Q).Net Sales are expected to increase by 12 percent Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 512.7 crore, according to Prabhudas Lilladher.Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33.8 percent Y-o-Y (down 19.2 percent Q-o-Q) to Rs. 64.1 crore.Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Prabhudas_Travel Tourism

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