Published on: August 19, 2026
Mumbai, August 2026: During the quarter, the Company maintained a competitive pricing strategy while navigating commodity headwinds and continued to invest in innovation and its brands. With over 31 innovations and renovations introduced during the first six months, the Company strengthened its portfolio, created new consumption occasions, and continued to increase its journey of physical reach.
Innovation continued to be a key driver of growth during the quarter, with the Company expanding its portfolio across premium and everyday snacking segments to cater to a wider and more diverse consumer base. At the premium end, the Company expanded its indulgence portfolio with the launch of Magnum Caramel Pop, Magnum Pistachio, and Cornetto Almond Crunch. The Company continues to make progress in scaling its Kulfeez portfolio and extend the portfolio to Quick Commerce as well.
In line with the Company’s commitment to cater to evolving consumer preferences and delivering superior quality, the Company commenced the transition of its In-home portfolio to a dairy-based range with a richer, creamier recipe. This strategic transformation was also complemented by the launch of premium international and regional flavours, including Hawaiian Nut Sundae and Kesar Bhog, further strengthening the in-home portfolio which delivers multi sensorial experience.
The Company continued to strengthen its market presence by expanding physical availability across the country. Distribution reach expanded through cabinet deployment, driving deeper retail penetration and enhancing product availability. Quick Commerce remained a strong growth engine, delivering double-digit growth, while investments made in Modern Trade drove healthy growth supported by enhanced execution capabilities and infrastructure.
Alongside expanding its physical footprint, the Company further strengthened its digital route-to market capabilities, leveraging analytics, technology, and improved service capabilities to enhance execution efficiency, distributor productivity, and decision-making across its network.
Our employee benefit and other operating expenses remained elevated during the quarter as the Company continued to invest in talent, organisational capabilities, and infrastructure to establish a strong standalone operating model following the demerger and support its long-term growth ambitions.
Chitrank Goel, Deputy Managing Director of Kwality Wall’s (India) Limited Stated, “We continued to stabilize our operations post-demerger and delivered organic sales growth of 16.6%, with a healthy balance of organic volume (OVG +14.9%) and organic price (OPG +1.5%). The growth momentum was driven by innovation intensity and broad-based growth across channels led by availability expansion in General Trade, and strong performance in Quick Commerce.
The performance was powered by premiumization and our occasion-led demand creation model. We continue to invest in our leading brands Cornetto, Kwality Wall’s, and Magnum to strengthen consumer preference. This was further complemented by our investment in frontline and channel execution for future growth. We continue our journey of creating superior dairy recipes which is loved by consumers across the country.
Our investments to scale General Trade and increase availability, while continuing to grow faster in Quick Commerce and Modern Trade, have strengthened our execution. While we are mindful of the broader operating environment, we are confident in the resilience of the category, the strength of our portfolio, and our ability to scale execution with discipline. We remain committed to volume-led growth and creating sustainable long-term value for our stakeholders.”
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