Hawkins Cookers Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 06, 2024 at 04:18 am EST
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Hawkins Cookers Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 2,724 million compared to INR 2,568.7 million a year ago. Revenue was INR 2,752.9 million compared to INR 2,581.8 million a year ago. Net income was INR 197.1 million compared to INR 180.9 million a year ago. Basic earnings per share from continuing operations was INR 37.27 compared to INR 34.22 a year ago. Diluted earnings per share from continuing operations was INR 37.27 compared to INR 34.22 a year ago.
For the nine months, sales was INR 7,473.9 million compared to INR 7,519.4 million a year ago. Revenue was INR 7,548.2 million compared to INR 7,547.5 million a year ago. Net income was INR 757.1 million compared to INR 719.7 million a year ago. Basic earnings per share from continuing operations was INR 143.17 compared to INR 136.11 a year ago. Diluted earnings per share from continuing operations was INR 143.17 compared to INR 136.11 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.