| |
| FINANCIAL RESULTS |
| FOR THE QUARTER ENDED JUNE 30, 2008 |
| (Rs.Lakhs) |
| |
QUARTER |
YEAR |
| |
ENDED |
ENDED |
| |
30.6.2008 |
30.6.2007 |
(Audited) |
| |
(Unaudited) |
(Unaudited) |
31.3.2008 |
| Sales including Excise
Duty |
4710.7 |
4298.3 |
21752.5 |
| Less: Excise Duty on
Sales |
314.3 |
292.5 |
1336.6 |
| Sales Net of Excise Duty |
4396.4 |
4005.8 |
20415.9 |
| Other Income |
243.8 |
10.0 |
111.7 |
| TOTAL INCOME |
4640.2 |
4015.8 |
20527.6 |
| EXPENDITURE: |
|
|
|
| a) (Increase)/Decrease
in Stock in trade and Work in Progress |
(194.4) |
(379.4) |
(293.2) |
| b) Consumption of Raw
Materials |
1812.9 |
1803.7 |
7341.7 |
| c) Purchase of Traded
Goods |
389.6 |
442.1 |
2217.3 |
| d) Employee Cost |
680.9 |
636.1 |
2734.4 |
| e) Depreciation |
40.1 |
36.7 |
156.9 |
| f) Other Expenditure |
1235.7 |
1117.9 |
6443.3 |
| TOTAL EXPENDITURE |
3964.8 |
3657.1 |
18600.4 |
| Interest |
26.9 |
33.4 |
146.0 |
| PROFIT BEFORE TAX |
648.5 |
325.3 |
1781.20 |
| Provision for Taxation |
|
|
|
| -For the year |
220.5 |
111.1 |
615.0 |
| -Fringe Benefits Tax |
4.7 |
5.0 |
40.1 |
| NET PROFIT |
423.3 |
209.2 |
1126.1 |
| Paid up Equity Share
Capital |
528.8 |
528.8 |
528.8 |
| (Face value of Rs.10 per
share) |
|
|
|
| Reserves excluding
revaluation reserves |
|
|
1470.0 |
| Basic & diluted EPS
(Rs.) |
8.01 |
3.96 |
21.30 |
| Public Shareholding |
|
|
|
| a) Number of Shares |
|
|
2,324,979 |
| b) Percentage of
Shareholding |
|
|
43.97 |
| Notes: 1. The above results were
approved at the meeting of the Board of Directors of the Company held on |
| July 25, 2008. 2. The
Company operates in a single segment, manufacture, trading and sale of
Kitchenware. |
| 3. Other Income for the current
quarter includes Rs.225.6 lakhs being surplus on disposal of immovable |
| property. 4. There was one investor complaint pending at the beginning
of the current quarter which was |
| resolved. During the quarter, the Company received 3 investor complaints,
all of which were resolved. There |
| were no investor complaints pending at the end of the current
quarter. 5. Previous
periods' figures have been |
| regrouped wherever necessary to conform to this period's
classification. 6. As
required under Clause 41 of |
| the Listing Agreement, the Limited Review by the Statutory
Auditors has been completed and the Report |
| forwarded to the Stock Exchange. This Report does not have any impact on the
above Results and Notes |
| for the three months ended June 30, 2008, which needs
explanation. |
| |
|
For Hawkins Cookers Limited |
| |
| |
| Mumbai
K Sundararaghavan |
| July 25, 2008
Executive Director - Finance & Admn. |
|
|
|
|