Hawkins Cookers Limited, a cooker manufacturing company, recently shared its fourth-quarter results for the financial year 2024. The company witnessed a profit increase of Rs 32 crore as it minted Rs 34 crore in the fourth quarter as against Rs 2 crore in the same quarter last year.
The company’s net sales also increased and stood at around Rs 277 crore. Now, Hawkins Cookers Limited has announced the price of its dividend per share to the investors.
Experiencing steady growth, Hawkins Cookers announced a dividend of Rs 120 per share to the investors. The face value of the company’s shares is Rs 10. The final approval on the dividend will be taken in the Annual General Meeting which is scheduled to be held on August 5. The company said that its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased from Rs 32 crore to Rs 46 crore in the March quarter. EBITDA margin increased from 12.6 per cent to 16.6 per cent.
Hawkins Cookers Limited Inc., formerly known as Pressure Cookers and Appliances Limited, is an Indian company that is known for the manufacturing of pressure cookers and cookware. The company is based in Mumbai and has three manufacturing plants in Maharashtra’s Thane, Punjab’s Hoshiarpur and Uttar Pradesh’s Jaunpur.
Meanwhile, Mazgaon Dock Shipbuilders also declared a final dividend of Rs 12.11 per share. The company will be seeking approval for the same in the upcoming Annual General Meeting, after which within 30 days the dividend will be paid. The company’s net profit doubled to Rs 663 crore on an annual basis in the January-March quarter. In the same quarter last year, it registered a profit of Rs 326 crore.
Mazgaon Dock Shipbuilders’ revenue also increased by 50 per cent on an annual basis. The company witnessed revenue of Rs 3,103.6 crore in the last quarter of 2024 while the revenue in the same period last year was Rs 2,078.6 crore. EBITDA for the quarter also increased to Rs 525 crore from Rs 211 crore in the same period last year.
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