Brands
The Pittch powers Royal Enfield’s Motoverse 2025 with full-scale production work
GOA: The Pittch, the experiential and live events agency, served as the official production partner for Royal Enfield’s Motoverse 2025, overseeing the event’s planning, layout and on-ground execution in Vagator, Goa. Working closely with Royal Enfield, the team managed everything from early design discussions and budgeting to vendor selection, terrain-related challenges and final delivery.
Motoverse 2025 unveiled a refreshed layout and expanded space design across 40,000 sq metres, transforming Vagator Hilltop and the Comunidade grounds into a vivid “moto mela”. The festival drew nearly 40,000 riders and enthusiasts over three days, celebrating the culture, craft and community of motorcycling.
The event thrummed with activity, morning rides, races, hands-on workshops and world-class performances, set against the roar of engines synchronised to 120 BPM and 5,000 RPM. Stalls showcased vintage jackets, touring gear, accessories and a wide range of Goan and global food offerings.
Royal Enfield debuted the Bullet 650 in India at Motoverse 2025, underscoring its push for innovation. India’s first Moto Polo, managed by Malle London, added a fresh competitive edge to the line-up.
Motoreel hosted storytelling sessions featuring Jonty Rhodes, Nick Sanders, Vanessa Ruck, Freddie Spencer and the Monk and the Warriors team, each presenting tales of resilience and adventure. Motoville celebrated the Art of Motorcycling with a curated exhibition from 51,000 global submissions across 12 countries, themed “Cine-Verse”. Workshops at Motovillage ranged from self-defence and coffee brewing to pottery, art and motorcycle DIY.
The Motosonic stage delivered high-octane entertainment, headlined by Grammy-winning producer-DJ Diplo, who arrived on a Himalayan 450. Performances by Hanumankind, Euphoria, Parvaaz, The Yellow Diary, MIDIval Punditz, Kutle Khan and Karsh Kale, and Thaikuddam Bridge kept the crowds energised through the weekend.
The Pittch co-founder and director Sunil Nazare, said the collaboration with Royal Enfield set a new benchmark in experiential production and reaffirmed the agency’s commitment to crafting standout cultural moments.
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.
