Rapid Results - Latest quarterly results analysis.

Packaged Foods company Kwality Wall's (India) announced Q3FY26 results For Q3FY26, revenue was at Rs 222 crore, with organic sales growth (OSG) of -6.5% YoY and volume growth of 1.2%. EBITDA before exceptional items was at Rs -64 crore. Chitrank Goel, Deputy Managing Director, Kwality Wall’s (India), said: “This quarter marks an important milestone for our Company as we commence external reporting following the completion of the demerger. The period under review has been both transformative and challenging. This marks the start of a new chapter, with a clear focus on delivering superior experiences for our consumers, creating opportunities for our people, and driving long-term shareholder value. The ice cream category in India is at an attractive inflection point, with low levels of per capita consumption, headroom for cabinet penetration, improved refrigerator penetration at homes, and unlocking of new snacking consumption occasions enabled by the rise of quick commerce—providing a strong foundation for sustained volume growth. Q3FY26 growth was muted due to prolonged monsoon conditions and GST transition-related impacts. In this context, our power brands, Magnum and Cornetto, delivered strong volume growth, underscoring the resilience of our portfolio and continued consumer demand. Performance of the in-home portfolio was muted, and corrective actions are underway. We have initiated structural cost control measures aimed at restoring margin discipline without compromising growth investments. We have laid the foundation for a focused Ice-Cream Company with sharper strategic intent and greater agility to deliver sustainable and profitable growth. I would like to thank our employees, customers, partners, and shareholders for their continued support during this transformative phase.” Result PDF

Latest Rapid Results

Which sector is hit hardest by rising crude prices as it uses oil derivatives as raw material?

Why does the Indian stock market usually drop when Middle East conflict escalates?

Which edible oil supply was most disrupted in India due to the Russia-Ukraine war?