MAM
Madison’s outdoor unit celebrates 2nd anniversary by planting trees
MUMBAI: Madison Outdoor Media Services (MOMS), a leading outdoor services company and part of the Madison Group, kicked off an exercise as part of its pledge to create more greenery in the city. MOMS celebrated its second anniversary by planting 122 tree saplings inside the children’s park at the Sanjay Gandhi National Park, Borivali in Mumbai.
MOMS, the youngest member of Madison Group, is a full-fledged outdoor agency that provides scientific and comprehensive leading edge solutions for all out-of-home communication requirements. With a network of six strategically located offices, MOMS provides outdoor solutions throughout the country.
A press release says that the first sapling was planted by Mumbai’s chief conservator of forests Prem PS Yaduvendu in the presence of President All India Association of Industries Vijay G. Kalantri, Divisional Forest Officer AR Bharati and Madison Group chairman and managing director Sam Balsara.
The release adds that this tree planting is the first of a series of such social initiatives that Madison Outdoor has committed to undertake as part of its ‘intent to make the city of Mumbai a more green place to live in’. Madison will not only plant more trees from time to time, but will also nurture and maintain them year after year.
Commenting at the plantation ceremony, Madison Group CMD Balsara said: “This is a small symbolic step, which I hope will increase consciousness among Madisonites and sensitise them to the environment. I fondly hope that other outdoor agencies and hoarding owners will undertake such initiatives, so that Bombayites see and feel the difference soon”.
MOMS has prestigious clients including Titan, HBO, Zee Network, Nokia, Radio Mirchi, Playwin, Kotak, Max New York Life, Aviva, Hyundai, Kinetic, Milton, Discovery Channel, AMD, General Air Conditioners, VIP amongst others.
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.
