Kwality Wall’s (India) Limited announced its audited financial results for the quarter ended 31st March 2026, alongside the results for the period from 10th January 2025 to 31st March 2026. The company reported revenue from operations of 4,746 million for the quarter ended 31st March 2026, compared to 2,223 million in the previous quarter (31st December 2025) and 4,406 million in the corresponding quarter last year (for the period 10th January 2025 to 31st March 2025).
| Particulars | Quarter ended 31st March 2026 (Millions) | Quarter ended 31st December 2025 (Millions) | Quarter ended 31st March 2025 (Millions) | QoQ Change (%) | YoY Change (%) |
|---|---|---|---|---|---|
| Revenue from Operations | 4,746 | 2,223 | 4,406 | 113.5% | 7.7% |
Note: The financial data for the period 10th January 2025 to 31st March 2025 was unaudited, while the quarter ended 31st December 2025 was also unaudited.
Kwality Wall’s (India) Limited (KWIL) is a standalone, publicly traded ice cream company that was incorporated on 10th January 2025 to manage the ice cream business demerged from Hindustan Unilever Limited (HUL). The company operates a diverse portfolio of brands, including Magnum, Cornetto, and Twister, and maintains a widespread distribution network across India. In March 2026, The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. completed the acquisition of a 61.90% stake in KWIL, becoming the new promoter of the company.
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