Kwality Wall's (India) falls after quarterly loss widens sequentially

Kwality Wall's (India)

09/03/2026 07:25

** Shares of Kwality Wall's (India) KWAI.NS fall 5.9% to 24.75 rupees, set to drop for a fourth consecutive session, if losses hold

** The ice cream maker's December-quarter net loss widens to 1.78 billion rupees ($19.3 million), from September-quarter loss of 1 billion rupees

** Sales of products for December quarter drop 30.2% Q/Q to 2.22 billion rupees

** KWAI said third-quarter FY26 growth was muted due to prolonged monsoon conditions and goods and services tax transition-related impact

** KWAI down ~17% since its listing on February 16 post demerger from Hindustan Unilever HLL.NS

($1 = 92.2550 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))