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The company reported standalone net profit of Rs 23.97 crore for the quarter ended March 31, 2021 as compared to Rs 9.36 crore in the same period last year, registering a year-on-year growth of 156.09 per cent. Net revenue of the company rose substantially by 66.75 per cent at Rs 243.41 crore in January-March quarter of this fiscal as against Rs 145.97 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 60.74 per cent to Rs 211.25 cror...
Hawkins Cookers Q4 net profit zooms 156.09% at Rs 23.97 cr
Strong brand recall enabling healthy topline growth Owing to renewed customer interest in cooking appliances (as people preferred home cooked food) Hawkins reported healthy topline growth of 20% YoY to | 231 crore in Q3FY21. The company successfully launched a new range of pressure cookers and products like Tri-Ply stainless steel cookware. Further, Hawkins has enhanced its presence in online segment coupled with improved distribution and dealer reach. Gross margins for Q3FY21 declined 210...
Buy Hawkins Cookers Ltd For Target Rs. 6800 - ICICI Direct
Below are Views On Hawkins Cookers Result Update 3QFY21 By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd For 3QFY21, Hawkins Cookers Ltd’s (HCL) top-line grew by ~20% yoy to Rs231cr on back of improvement in demand. On the operating front, the company reported margins contraction (down 217bps yoy) mainly due to higher operating expenses. On the bottom-line front, HCL reported growth of ~8% yoy to Rs24cr. Going forward, we expect healthy re...
Hawkins Cookers Result Update 3QFY21 By Amarjeet Maurya, Angel Broking
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