Brands
Credenc.com launches its first IPL ad spot with LSG team
Mumbai: Credenc.com, an education lending fintech platform on Saturday launched its new ad campaign with the punchline ‘Potential Hai Toh Possible Hai,’ as part of being the associate sponsor of Lucknow Super Giants (LSG). The campaign aims to highlight the platform’s brand promise of believing in each individual’s potential and encouraging them to fulfill their aspirations.
The ad campaign will air during Tata IPL 2022 on Disney+ Hotstar featuring three marquee LSG players: KL Rahul, Quinton De Kock and Manish Pandey. The players will be seen discussing the importance of identifying one’s potential to grow by drawing a parallel between how LSG based the decision of picking players for their team based on the player’s potential, Credenc.com also basis its decision to offer education loans to students based on their merit and potential.
The underlying message showcased in the commercial is that all students with potential can benefit from Credenc.com’s potential based education loan.
“Believing in students’ potential has been at the heart of our brand’s core offering, which we have tried to reflect through our first ad film,” said Credenc.com co-founder Mayank Batheja. “The punchline ‘Potential Hai Toh Possible Hai’ highlights Credenc.com’s brand promise of ensuring aspirants with potential will not be starved for funds for their higher education goals.”
“The campaign is an organic extension to our brand strategy, which is centered around “Basing their loan decision on student’s potential and not their parental income,” he further said.
“The film is an expression of situations that many of us may have faced in our lives, when someone gave us a chance by simply believing in our potential that’s it, and nothing else,” shared Credenc.com co-founder Avinash Kumar. “This campaign gave us the opportunity to reinforce in our customers the belief that they can depend on themselves.”
Credenc.com is among one of the key sponsors of the RP-Sanjiv Goenka Group owned LSG team for IPL 2022, where the team will sport the brand’s logo on the jersey sleeves.
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.
