Mumbai, January 30, 2025 – Hawkins Cookers Limited has released its unaudited financial results for the third quarter (Q3) and the nine months ended December 31, 2024, showcasing strong revenue growth and profitability.
Key Financial Highlights (₹ Crores)
| Metric | Q3 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 |
|---|---|---|---|---|
| Revenue from Operations | 285.70 | 272.40 | 809.10 | 747.39 |
| Other Income | 3.41 | 2.89 | 10.35 | 7.44 |
| Total Income | 289.11 | 275.29 | 819.45 | 754.82 |
| Cost of Materials Consumed | 115.72 | 92.09 | 303.65 | 250.65 |
| Employee Benefits Expense | 30.99 | 28.18 | 94.64 | 85.64 |
| Finance Costs | 0.68 | 1.03 | 2.36 | 3.52 |
| Depreciation & Amortization | 2.55 | 2.19 | 7.53 | 6.42 |
| Other Expenses | 90.73 | 86.08 | 219.16 | 190.35 |
| Total Expenses | 260.48 | 248.75 | 711.48 | 653.04 |
| Profit Before Tax (PBT) | 28.63 | 26.54 | 107.97 | 101.78 |
| Tax Expense | 7.44 | -0.05 | 27.61 | -0.16 |
| Net Profit (PAT) | 21.20 | 19.71 | 80.34 | 75.71 |
| Earnings Per Share (EPS) (₹) | 40.09 | 37.27 | 151.93 | 143.17 |
Quarterly Performance Overview
Hawkins Cookers reported a 4.9% YoY growth in revenue for Q3 FY25, reaching ₹285.70 crores, up from ₹272.40 crores in Q3 FY24. The net profit increased to ₹21.20 crores, reflecting a 7.5% YoY growth, supported by strong operational efficiency and cost controls.For the nine months ended December 31, 2024, the company's revenue stood at ₹809.10 crores, a 8.3% increasecompared to the corresponding period last year. Net profit also surged 6.1% YoY to ₹80.34 crores.
Segment Performance
Hawkins operates in a single business segment – manufacturing, trading, and sales of kitchenware, which continues to drive growth both domestically and internationally.Management Commentary
Sudeep Yadav, Vice-Chairman & CFO, commented:"We are pleased with our performance, which reflects the strong demand for our products and operational efficiency. Our focus on quality, innovation, and expanding our market reach has helped sustain revenue growth. The company remains committed to delivering shareholder value."
Strategic Outlook
- Market Expansion – Hawkins Cookers is actively expanding its presence in over 69 countries, including North America, Europe, Africa, and Asia, which will help in scaling revenues further.
- Cost Efficiency Measures – The company has demonstrated effective cost controls, keeping material and employee costs in check, supporting margin stability.
- Steady Dividend Payouts – With strong profitability, the company is expected to continue rewarding shareholders with stable earnings per share (EPS) and dividends.