MAM
Amit Dhawan joins Art-E MediaTech as partner & CEO
MUMBAI: Art-E MediaTech, a full-service marketing and advertising agency, has announced the appointment of Amit Dhawan as its CEO and the newest partner in the firm.
An IIM Ahmedabad alumnus, Dhawan was previously with Schbang as the founding partner and business head for their Delhi office, where he was responsible for setting up the business in the North as well as leading the company’s media business. In his eight plus years of experience, he has worked with a diverse set of 200+ brands, including Johnson & Johnson, Panasonic, Godrej, Cipla, Realme, and more.
“While we empower ourselves to meet the changing marketing landscape, we must have the solid support of people that will propel us forward. Having someone of Amit Dhawan’s calibre join us brings rich expertise in driving our clients to a reputable position in the marketplace, combined with qualitative and admirable leadership skills and knowledge,” said Art-E co-founder Rohit Sakunia. “We are delighted to welcome Amit as our partner as we continue to grow and disrupt the industry.” Art-E was founded by Rohit Sakunia, Tejender Sharma, and Animesh Mukherjee in 2018.
Amit Dhawan said, “I am excited about becoming a part of Art-E, which has always been at the forefront of delivering meaningful and true solutions to its clients by seamlessly integrating creative, tech, and media. By applying the learning I have had so far, I hope to make a meaningful difference to the business of our clients.”
Dhawan has also been featured in the ’30 under 30′ list by Agency Reporter as well as amongst the Top 100 smartest digital marketing leaders by the World Digital Marketing Congress, Global Federation of Digital Marketing, World Federation of Marketing Professionals, and CMO Asia.
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.
