Kwality Walls India Reports Wider Q3 Net Loss of ₹178.4 Crore After Listing
Shares of recently listed Kwality Walls India Ltd. are in focus on Monday, March 9, after the company reported a wider loss in its third quarter results. The earnings mark the first quarterly financial update since the company listed on the stock exchanges following the separation of the ice cream business from Hindustan Unilever Ltd.Net Loss Widens Sequentially
Kwality Walls India reported a net loss of ₹178.4 crore for the December quarter, compared with a net loss of ₹100.2 crore in the previous quarter. The results indicate a sequential increase in losses during the reporting period.Revenue Declines Over 30 Percent
The company’s revenue fell sharply on a quarter on quarter basis. Revenue for the December quarter stood at ₹223.4 crore, down 30.5 percent from ₹321.7 crore recorded in the previous quarter.EBITDA Loss Increases
The company also reported a higher operating loss during the quarter. Earnings before interest, taxes, depreciation, and amortisation loss came in at ₹64.27 crore in the third quarter, compared with an EBITDA loss of ₹56.29 crore in the preceding quarter.Exceptional Expense Impacts Earnings
During the quarter, Kwality Walls India recorded an exceptional expense of ₹94 crore. The company stated that the charge relates to non recurring costs recognized in the current reporting period.Organic Sales Growth Declines
On the operational front, organic sales growth declined by 6.5 percent compared with the previous year. However, the company reported a volume growth of 1.2 percent during the same period.Stock Performance
Kwality Walls India listed on the stock exchanges on February 16, 2026, after the separation of the ice cream business from Hindustan Unilever Ltd.The stock debuted at ₹29.8 per share, reflecting a discount of 25.87 percent from its previous closing price of ₹40.2 per share.
In the previous trading session, the stock closed 2.2 percent lower at ₹26.35 per share. Over the past month, the share price has declined by 10.4 percent.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: