| FINANCIAL RESULTS FOR THE | |||||
| QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2007 | |||||
| (Rs.Lakhs) | |||||
| QUARTER | HALF YEAR | YEAR ENDED | |||
| ENDED | ENDED | 31.3.2007 | |||
| (Unaudited) | (Unaudited) | (Audited) | |||
| 30.9.2007 | 30.9.2006 | 30.9.2007 | 30.9.2006 | ||
| Sales including Excise Duty | 5281.1 | 4663.4 | 9579.4 | 7636.2 | 18459.6 |
| Less: Excise Duty on Sales | 290.2 | 301.5 | 582.7 | 491.6 | 1135.4 |
| Sales Net of Excise Duty | 4990.9 | 4361.9 | 8996.7 | 7144.6 | 17324.2 |
| Other Income | 37.5 | 14.1 | 47.5 | 30.2 | 52.9 |
| TOTAL INCOME | 5028.4 | 4376.0 | 9044.2 | 7174.8 | 17377.1 |
| Expenditure: | |||||
| a) (Increase)/Decrease in Stock in trade and Work in Progress | (147.9) | 235.5 | (527.3) | (219.4) | 33.8 |
| b) Consumption of Raw Materials | 1828.2 | 1588.0 | 3631.9 | 2760.2 | 6291.0 |
| c) Purchase of Traded Goods | 556.5 | 395.3 | 998.6 | 690.4 | 1862.3 |
| d) Employees Cost | 643.5 | 581.8 | 1279.6 | 1142.4 | 2478.9 |
| e) Depreciation | 36.0 | 37.7 | 72.7 | 76.7 | 154.5 |
| f) Other Expenditure | 1630.9 | 1317.2 | 2748.8 | 2172.8 | 5216.6 |
| TOTAL EXPENDITURE | 4547.2 | 4155.5 | 8204.3 | 6623.1 | 16037.1 |
| Interest | 35.8 | 53.9 | 69.2 | 92.7 | 175.1 |
| PROFIT BEFORE TAX | 445.4 | 166.6 | 770.7 | 459.0 | 1164.9 |
| Provision for Taxation | |||||
| -For the year | 152.0 | 56.1 | 263.1 | 154.5 | 396.3 |
| -Fringe Benefits Tax | 23.6 | 4.2 | 28.6 | 7.5 | 19.2 |
| NET PROFIT | 269.8 | 106.3 | 479.0 | 297.0 | 749.4 |
| Paid up Equity Share Capital | 528.8 | 528.8 | 528.8 | 528.8 | 528.8 |
| (Face value of Rs.10 per share) | |||||
| Reserves excluding revaluation reserves | 1137.2 | ||||
| Basic & diluted EPS (Rs.) | 5.10 | 2.01 | 9.06 | 5.62 | 14.17 |
| Aggregate of Public Shareholding | |||||
| a) Number of Shares | 2,324,979 | 2,324,979 | 2,324,979 | ||
| b) Percentage of Shareholding | 43.97 | 43.97 | 43.97 | ||
| NOTES: | |||||
| 1. The above results were approved at the meeting of the Board of Directors of the Company held on October 27, 2007. | |||||
| 2. The Company operates in a single segment. Hence, Accounting Standard 17 on Segment Reporting is not applicable. | |||||
| 3. Previous year's/periods' figures have been regrouped to conform to this year's/periods' classification based on prescribed revised format and wherever necessary. | |||||
| 4. There was no investor complaint pending at the beginning of the current quarter. During the quarter, the Company received 9 investor complaints, 8 of which were resolved and there is one pending complaint at the end of the quarter, which has been resolved since then. | |||||
| 5. 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 quarter and half year ended September 30, 2007, which needs explanation. | |||||
| For Hawkins Cookers Limited | |||||
| Mumbai, | K Sundararaghavan | ||||
| October 27, 2007 | Executive Director-Finance & Admn. | ||||