Kwality Wall’s
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Background
From 6 stories, the newest dated 3 Oct 2026. Summary written 3 Oct 2026.
Kwality Wall’s is an ice-cream business in India that was set to be demerged from Hindustan Unilever on December 1. [1] source: Financial Express
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Its parent is the Magnum Ice Cream Company, which works on Kwality Wall’s, Cornetto and Magnum brands for Indian consumers. [2] source: The Hindu BusinessLine[3] source: Forbes India It constituted a seven-member board ahead of the demerger and plans to add Ben & Jerry's, Viennetta and Yasso in India. [1] source: Financial Express
For Q1 FY27, reported in August 2026, Kwality Wall’s net profit rose 34.8% to Rs 50.7 crore and revenue rose 16.7% to Rs 868 crore, with EBITDA margin at 11%. [4] source: NDTV Profit It relaunched its in-home range. [4] source: NDTV Profit In May 2026 it said it would move its entire India portfolio to milk-based ice cream by 2027, with nearly half the range shifting this year. [5] source: Business Today The Magnum Ice Cream Company opened an RDI centre in Whitefield, Bengaluru in July 2026. [2] source: The Hindu BusinessLine Financial Express reported in September 2026 that Kwality Wall’s fell 3% as Reliance Consumer Products launched Bombay Creamery from Rs 10. [6] source: Financial Express
Chitrank Goel is deputy managing director and Prashant Premrajka is CFO. [1] source: Financial Express The Bombay Creamery launch intensified competition for Kwality Wall’s, Vadilal and Milky Mist. [6] source: Financial Express Business Today named Amul as a dairy-fat incumbent competing with it. [5] source: Business Today
Sources
Questions about Kwality Wall’s
Who owns Kwality Wall’s?
Kwality Wall’s parent is the Magnum Ice Cream Company. Kwality Wall’s was also set to be demerged from Hindustan Unilever on December 1. [1] source: Financial Express[3] source: Forbes India
How fast is Kwality Wall’s growing in India?
Kwality Wall’s reported Q1 FY27 revenue of Rs 868 crore, up 16.7% year on year from Rs 744 crore, and net profit of Rs 50.7 crore, up 34.8%. Organic volume growth was 14.9%. [4] source: NDTV Profit
What is Kwality Wall’s' current strategy in India?
In May 2026 Kwality Wall’s said it would move its entire India portfolio to milk-based ice cream by 2027. [5] source: Business Today In July 2026 its parent opened an RDI centre in Bengaluru. [2] source: The Hindu BusinessLine In August 2026 it reported relaunching its in-home range. [4] source: NDTV Profit
Who are Kwality Wall’s' main competitors?
The Bombay Creamery launch by Reliance Consumer Products in September 2026 intensified competition for Kwality Wall’s, Vadilal and Milky Mist. [6] source: Financial Express Business Today also names Amul as a dairy-fat incumbent competing with it. [5] source: Business Today
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