Brands
Consumers don’t want brands to stop advertising despite COVID-19: Kantar study
MUMBAI: Consumers don’t want brands to stop advertising and it must not be exploitative, says Kantar's new study. Majority also believe that coronavirus must not be exploited to promote a brand.
The study seeks to gauge urban India’s sentiments, behaviours and expectations from brands during the COVID-19 pandemic.
As consumer behaviour shifts dramatically and an anxious India waits it out, the new study provides brand owners the answers to burning questions like:
· What are people thinking, their major concerns, fears and expectations
· How the current crisis is impacting purchase behaviour
· Implications for brands and marketing
In the wake of the COVID-19 pandemic, urban India has emerged deeply anxious with a strong need for reassurance and stabilisation. Some highlights of the study are:
Expectations from brands
A “New Normal” is gradually forming. If you don’t build desire, we will learn to live with less, indicates the Kantar study.
· Brands are expected to be a trusted source of accurate information (28 per cent)
· Consumers don’t want brands to stop advertising and it must not be exploitative
· 71 per cent believe coronavirus must not be exploited to promote a brand
· Brands must show how they can be helpful in the new everyday life (79 per cent)
· Inform about their efforts to face the situation (77 per cent)
· Offer a positive perspective (74 per cent)
Urban India sentiments and behaviour
· Despite a significantly lower number of cases and death toll compared to many nations, India has a high score on the concern index at 57 per cent.
· Day-to-day disruption bothers India more 69 per cent when compared to:
o Health concerns at 48 per cent
o Economic recession at 18 per cent
o Financial preparedness of the nation at 47 per cent
· Standing at 54 per cent, India supersedes the global average of 34 per cent when it comes to expecting a speedy recovery
· We are optimistic attitudinally, but behaviours are contrary. Driven by high concerns for scarcity, 51 per cent India is stocking up for worse, mainly essentials.
· Going by the current scenario, shared mobility is likely to take a hit; the numbers are heavily skewed towards a complete stop on usage of public transport (55 per cent), taxis/ride-hailing apps (35 per cent), domestic air travel (58 per cent), domestic railway travel (57 per cent) as opposed to private vehicles (17 per cent).
Kantar’s COVID-19 Barometer India study was conducted among 1100+ sample across 19 cities and 15 states. The respondents are men and women above 18 years and belong to NCCS A and B. The data collection was done through 19 – 22 March.
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.
