MAM
Sony India launches Grand Wega
BANGALORE: Sony India announced the debut of Grand WEGA, a range of innovative LCD projection televisions, in the city today.
The latest in the exceptional range of televisions from Sony, Grand WEGA brings alive a large screen viewing experience for consumers, that sets it apart from any other television.
Keeping in mind requirements of consumers, the Grand WEGA is a unique product offering that combines a large screen experience with high picture quality and low power consumption – all packaged in a lightweight slim line design that saves tabletop space, the 60 inch Grand WEGA weighs only about 50 kgs.
“The Sony Grand WEGA is a perfect example of Sony’s innovation at its best. Equipped with ground-breaking 3LCD and WEGA Engine technology, along with stunning aesthetics, the Grand WEGA range of LCD projection televisions will lead the way in terms of industry trends and consumer demands”, said Katsuhiko Murase, Marketing Head, Sony India Pvt Ltd.
“The Sony Grand WEGA is a perfect example of Sony’s innovation at its best. Equipped with ground-breaking 3LCD and WEGA Engine technology, along with stunning aesthetics, the Grand WEGA range of LCD projection televisions will lead the way in terms of industry trends and consumer demands”, said Katsuhiko Murase, Marketing Head, Sony India Pvt Ltd.
Grand WEGA’s picture quality is a result of the combined ingenuity of Sony’s latest 3LCD technology and the exclusive WEGA Engine technology. Its 3LCD technology results in a highly detailed picture quality with brilliant, clear and natural colours.
The performance of three WXGA LCD panels generates a total picture resolution of 3.15 million dots giving improved image definition, with Sony’s proprietary WEGA Engine technology. The system integrates a host of unique technologies and circuitry, enabling full, precise digital image processing.
The Grand WEGA is fully compatible with analogue, digital broadcast and other input signals and reduces noise, enhances clarity, and improves depth and contrast to make images appear stunningly realistic, with amazing detail and sharpness. The Grand WEGA also comes with a DVD and built-in Memory Stick and is empowered with Sony’s unique S-Master Digital Amplifier technology ensuring a high power sound output from a minimal space.
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.
