Hawkins Cookers Ltd. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
January 28, 2012 at 09:21 am
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Hawkins Cookers Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales of INR 874.88 million against INR 808.68 million a year ago. Profit from operations before other income, interest and exceptional items was INR 49.35 million against INR 83.06 million a year ago. Profit from ordinary activities before tax was INR 52.99 million against INR 86.77 million a year ago. Net profit for the period was INR 35.84 million against INR 57.96 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 6.78 against INR 10.96 a year ago.
For the nine months period, the company reported net sales of INR 2,598.42 million against INR 2,275.75 million a year ago. Profit from operations before other income, interest and exceptional items was INR 290.92 million against INR 318.33 million a year ago. Profit from ordinary activities before tax was INR 299.14 million against INR 328.50 million a year ago. Net profit for the period was INR 201.99 million against INR 219.29 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 38.20 against INR 41.47 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.