5446222026-04-012026-06-305446222026-04-012026-06-30in-capmkt:OtherExpenses1Memberiso4217:INRiso4217:INRxbrli:shares544622KWILNOTLISTEDINE2KCE01013Kwality Wall's (India) LimitedMain BoardEquity2026-04-012027-03-312026-08-142026-08-10INRMillionsQuarterlyFirst quarterSingle segmentIce-cream2026-08-1416:33:002026-08-1418:34:00Not applicablefalsefalseNo default during the Quarter2026-04-012026-06-30UnauditedStandalone8783000000150000008798000000179700000016110000001314000000573000000104000000403000000245400000082560000005420000001350000006770000000170000000170000000050700000000005070000000507000000235000000010.220.22000.220.221. The unaudited financial results for the quarter ended 30th June 2026 of Kwality Wall's (India) Limited (the 'Company') have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard prescribed under Section 133 of the Companies Act, 2013 ('the Act') and other recognized accounting practices generally accepted in India. The aforesaid financial results are in compliance with Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 as amended ('the Listing Regulations') and have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its meeting held on 14th August 2026. These unaudited financial results have been subjected to limited review by statutory auditors, who have issued an unmodified conclusion on the same. <br /> 2. The figures for the quarter ended 31st March 2026 are the balancing figures between audited figures for the period from 10th January 2025 to 31st March 2026 and the unaudited published figures for the period from 10th January 2025 to 31st December 2025 which were subjected to limited review by the statutory auditors. <br /> 3. Financial results for the quarter ended 30th June 2025 have been certified by the management and not subjected to limited review or audit by statutory auditors of the Company. <br /> 4. The Company was incorporated on 10th January 2025 and, pursuant to Section 2(41) of the Companies Act, 2013, the first financial statements is for the period from 10th January 2025 to 31st March 2026. Accordingly, the audited financial results for the previous year are for the period from 10th January 2025 to 31st March 2026. <br /> Further, in accordance with the accounting treatment prescribed under the Scheme of Arrangement between Hindustan Unilever Limited ("HUL") and the Company for the demerger of the Ice Cream Business Undertaking of HUL, the figures for the period from 10th January 2025 to 30th November 2025 have been restated from the date of incorporation of the Company. <br /> 5. Exceptional items for the quarter ended 30 June 2026 includes gain of Rs. 394 million resulting from the reversal of royalty and central service fees payable to Magnum IP Holding B.V. ("Magnum") for the period from 1st October 2025 to 31st March 2026, in accordance with the intellectual property agreement executed between Magnum and the Company. These were partly offset by an impairment allowance of Rs. 166 million on property, plant and equipment and establishment costs of Rs. 93 million. <br /> 6. The Company has identified ‘Ice-cream' as its only primary reportable segment in accordance with the requirements of Ind AS 108, 'Operating Segments'. Accordingly, no separate segment information has been provided. <br /> 7. Earnings / (loss) per share (basic and diluted) has been calculated considering equity shares issued pursuant to the Scheme from the date of incorporation of the Company.The debt service coverage ratio is higher due to profit earned during the quarterOther Expenses2454000000