MAM
Aegis Media India launches Carat Fresh Rural
MUMBAI: Aegis Media India has launched Carat Fresh Rural, a professionally run, international rural communications agency. Carat Fresh Rural, the rural division of Carat Fresh Integrated, will provide comprehensive rural marketing and communication solutions to clients, which include rural planning, implementing outreach campaigns in rural areas, route planning, monitoring, van operations, haat and mandi contact programs, wall paintings, melas and any other marketing communication activities that may be required in small towns and villages.
Interestingly, it has already bagged assignments from clients like Mahindra & Mahindra, Godrej Consumer Products, Escorts, Godrej, GPI, SONY MAX, Pidilite, Force Motors, Bayer Crop Science, and others. Carat Fresh Rural will be starting with a team of 30 rural marketers and a network of 1500 operators, across seven offices and 20 operation bases, led by the famous rural expert, Keshav Chandorkar, who will report to Carat Fresh Integrated head, Ravi Shankar.
Before launching, they have already carried out activities in over 18000 villages across 21 states.
“Rural Marketing Communications is the holy grail that no agency has successfully cracked in India, thus far. I believe that there is a universe at least equal to the size of the entire advertising industry available to agencies to explore in the rural marketing communications field. Carat Fresh Rural will, in many ways, pioneer that. We are developing, for the first time in India, state-of-the-art rural management tools. The Carat Fresh suite of Rural Tools will have the country’s only real time Rural Planning Tool, enabled by 3G connectivity and linked to a host of data sources including the rich census data, media data and 16 other sources of data. Since implementation in rural is key, every one of the Carat Fresh Rural operators will have an App on their GPS enabled trackers that will automatically monitor and relay data without human intervention. Several Tools and Apps are being developed to revolutionize rural communications in India” said, chairman India & CEO South East Asia Ashish Bhasin.
Carat Fresh Rural aims to have a network of 10,000 people and 100 rural experts, across 26 states, by mid-2015. By 2015 Carat Fresh Rural expects to have covered over 100,000 villages throughout India. In the second phase of expansion, which will span from 2016 t0 2018, it is anticipated that the network will grow to 20000 people, employees to 200+ and over 200,000 villages would have been covered.
Brands
Kwality Wall’s reports standalone losses following strategic HUL demerger
Ice cream major faces Rs 64 crore Ebitda loss amid commodity inflation and muted Q3 sales
MUMBAI: Kwality Wall’s (India) Limited (KWIL) has released its first set of financial results as a standalone entity, revealing a challenging start to its independent journey. Following its successful demerger from Hindustan Unilever Limited (HUL) on 1st December 2025 and its subsequent listing on 16th February 2026, the company is navigating a transition period marked by structural changes and high input costs.
For the quarter ended 31st December 2025, the company reported revenue of Rs 222 crores. Despite the revenue base, the bottom line was impacted by several factors, resulting in an Ebitda loss of Rs 64.2 crores. When calculated on a Pre-IND AS 116 basis, the Ebitda loss stood at Rs 83.8 crores.
Organic Sales Growth (OSG) declined by 6.5 per cent year-on-year during the quarter. Volume growth, however, saw a marginal increase of 1.2 per cent. The company reported a gross margin of 41.5 per cent. Additionally, exceptional expenses amounting to Rs 94 crores were recorded, primarily linked to non-recurring costs during the transition phase.
Performance across portfolios and channels was mixed. Within the impulse portfolio, brands such as Magnum and Cornetto recorded mid-single digit volume growth, indicating steady demand in on-the-go consumption. However, the in-home portfolio, which includes take-home packs, experienced muted consumption. The company is planning a relaunch of this category with improved offerings ahead of the 2026 season.
Quick commerce (Q-Com) continued to emerge as a strong growth driver, delivering robust double-digit growth during the quarter. Meanwhile, the company also expanded its physical distribution network by increasing the number of company-owned cabinets across markets.
Margin pressure during the quarter was driven by a combination of one-off factors and broader cost inflation. Gross margins were impacted by around 600 basis points due to trade investments made for stock liquidation. Additionally, cocoa price inflation contributed to another 400 basis points of pressure on margins.
Deputy managing director Chitrank Goel attributed the muted performance partly to prolonged monsoons and transitional challenges linked to the GST framework. Operating expenses also increased as the company invested in establishing its standalone supply chain, operational systems and corporate infrastructure following the demerger.
Looking ahead, the management remains focused on a volume-driven growth strategy. To restore profitability, the company has initiated a cost productivity programme aimed at reducing non-consumer-facing costs. It is also working on building regional manufacturing networks to optimise logistics expenses and improve operational efficiency.
The commodity outlook for the near term remains mixed. Dairy prices are expected to remain firm due to tight supply conditions and rising fodder costs. Sugar prices may also move higher following increases in the Minimum Selling Price (MSP). While cocoa prices have moderated recently, currency depreciation has offset some of the potential cost relief for the company.
