Hawkins Cookers Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 24, 2023 at 07:04 am EDT
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Hawkins Cookers Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 2,538.5 million compared to INR 2,718.3 million a year ago. Revenue was INR 2,552.1 million compared to INR 2,728.7 million a year ago. Net income was INR 228 million compared to INR 213.7 million a year ago. Basic earnings per share from continuing operations was INR 43.12 compared to INR 40.42 a year ago.
For the full year, sales was INR 10,057.9 million compared to INR 9,580.1 million a year ago. Revenue was INR 10,099.5 million compared to INR 9,638.7 million a year ago. Net income was INR 947.8 million compared to INR 838.9 million a year ago. Basic earnings per share from continuing operations was INR 179.24 compared to INR 158.64 a year ago.
Hawkins Cookers Limited is engaged in the manufacture, trading and sale of kitchenware. The Company's products include pressure cookers and cookware. The Company offers approximately 88 pressure cooker models in over 13 various types. The Company's pressure cookers range includes Hawkins Classic, Hawkins Contura, Ceramic-Coated Hawkins Contura, Hawkins Contura Black, Stainless Steel Hawkins Contura, Hawkins Stainless Steel, Hawkins Contura Black XT, Hawkins Hevibase, Hawkins Bigboy, Futura Stainless Steel and Miss Mary. The Company's Futura Cookware range includes Futura Tava (Griddles), Futura Flat Tava (Griddles), Futura Roti Tava, Futura Dosa Tava, Futura Frying Pans, Futura Deep-Fry Pans, Futura Cook-n-Serve Bowls, Futura Saucepans, Futura Handis, Futura Saute Pans, Futura Stewpots, Cook-n-Serve Frying Pan and Uttapam Pan. It offers Futura Cookware in hard anodized and nonstick categories. Its plants are located at Thane, Maharashtra; Jaunpur, Uttar Pradesh, and Hoshiarpur, Punjab.