Chairman Speech in Share Holders Meet

My dear shareholders, ladies and gentlemen: I am very happy to see you all at our fifty-first Annual General Meeting. I trust all of you are pleased with the results for the year ended March 2011 and our recommendation for a dividend at the rate of 400% or 40 per share. 2. Those of you who have read our Directors’ Report for the year 2010-11 may remember the following statement: “Despite our pressure cooker production increasing from 28 lakh units to 31.4 lakh units, we were not able to supply fully the demand for our pressure cookers. Similarly in cookware our demand has been substantially more than our ability to supply. Management is working with full vigour to increase supply to match demand Our strategy is to increase our production through a judicious mixture of the development of in-house and out-house capacity. This requires appropriate increases in manpower of various types and at various levels within the company as well as the development of existing and new vendors Meanwhile, I must express my profound gratitude to all of you, dear shareholders, for the steadfast confidence you have reposed in our Company and the Team Hawkins through thick and thinThe financial results of the June quarter of 2011-12 are good. Net sales are 74.4 crores, up 20.5% over the June quarter in the previous year. Net profit after tax is 7.3 crores, 10% less than the June quarter in the previous year. The net profit after tax as a percentage of sales in the June quarter of 2011-12 is 9.8% which I believe is satisfactory. I would like to mention that net profit after tax as a percentage of sales in the full year 2010-11 was 9.6%. 13. Thank you for listening to my thoughts with such interestSpeech of the Chairman

Mr. Brahm