Kwality Wall's India Scoops Up Strong Growth In Q2 FY27, Ice Cream Volumes Soar 31.8% As Company Reports ₹27.2 Crore EBITDA Amid Rising Consumer Demand
Mumbai: Kwality Wall's (India) Limited reported robust organic volume growth of 31.8 per cent during the September quarter of FY27, supported by strong demand across its ice cream portfolio. The company also recorded organic price growth of 7.9 per cent, highlighting improved sales momentum in its consumer-facing business. Volume Growth The ice cream manufacturer reported strong double-digit…
Mumbai-based Kwality Wall (India) Limited disclosed impressive organic volume growth of 31.8 percent for the September quarter of FY27, driven by strong demand for its ice cream range. The company also recorded a 7.9 percent organic price growth, reflecting enhanced sales momentum in its consumer-focused business. Volume Growth The ice cream manufacturer noted double-digit growth across both impulse and in-home product categories during Q2 FY27.
Management credited the results to innovative brand strategies and efforts to strengthen the company's position in India's competitive ice cream market. The performance figures reveal positive momentum across Kwality Wall's product portfolio. Acquisition and Ownership Change Netherlands-based Magnum Ice Cream has acquired a 61.9 percent controlling stake in Kwality Wall's India operations.
This strategic move was approved following a shareholder vote. Quarterly Earnings Despite the impressive growth, the disclosed EBITDA stood at ₹27.2 crore for the September quarter, with an EBITDA margin of 6 percent. The figures provide insight into the company's operating performance during the quarter, accounting for exceptional items.
Half-Year Overview For the six months ending September 30, 2026, Kwality Wall reported total product sales of ₹1,320.8 crore. EBITDA for the first half reached ₹132.1 crore, underscoring the company's growing operational scale as it develops its standalone ice cream business. Leadership Perspective Kwality Wall's Managing Director and Chief Executive Officer, Toloy Tanridagli, stated that the results represent progress towards establishing Kwality Wall as a pureplay ice cream company.
He highlighted the positive performance of the impulse and in-home portfolios, driven by product innovations. Business Outlook The company's future performance will hinge on consumer demand, product innovation, and its capacity to sustain profitable growth. Investors are expected to closely monitor volume trends, pricing strategies, and operating margins in upcoming quarters.
This report is based on company exchange filings and is provided for informational purposes only. It does not constitute investment advice.
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