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 an India-based company, which is engaged in the manufacturing, trading and sale of kitchenware. The Company operates in the market consisting of pressure cookers and cookware. Each pressure cooker made by the Company features an inside-fitting lid. It offers approximately 88 different pressure cooker models in thirteen different types. Its pressure cooker product categories include Classic, Instaa, Tri-Ply Stainless Steel, Contura, Ceramic-Coated Contura, Ceramic Nonstick, Contura Black, Contura Black XT, Stainless Steel Contura, Stainless Steel, Hevibase, Bigboy, Futura, Stainless Steel Futura, Miss Mary, Miss Mary Handi and Cooker Cookware Set. Its pressure cooker accessories include idli stands, Hawkins Repair Kit and pressure cooker grid. The Company's cookware is presented in four types: Futura Hard Anodized and Nonstick, Hawkins Tri-Ply Stainless Steel, Hawkins Stainless Steel Sandwich Bottom Cookware and Hawkins Die-Cast Cookware (Hawkins Appe Pan).