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Hindi commentary simulcast delivers well for ESS

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MUMBAI: Sportscaster ESPN Star Sports‘ strategy of introducing Hindi commentary simulcast has found favour with cricket fans as it contributed 40 per cent of the overall ratings for the recently concluded India-Australia Test series.

According to Tam data provided by ESS, the television broadcast of the recently concluded India-Australia Test series has delivered average rating of 2.05 TVR, which the broadcaster claims, is the highest average rating for a Test series played by India in the past four years. The test series delivered a reach of 92.8 million.

The India-Australia series 2013 has delivered almost 50 per cent higher ratings as compared to the previous India-Australia series played in Australia in the year 2011/12 which averaged 1.37 TVR.

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The four test series also delivered 22 per cent higher ratings than the India-England test series played earlier this season which delivered an average of 1.68 TVR. The TV ratings peaked at 3.2 TVR on the eventful third day of the fourth test match when Cheteshwar Pujara made a quick fire 82 in India‘s pursuit for victory.

ESPN Software India COO Vijay Rajput states, “We are extremely delighted with the results. Our approach to the presentation of Indian cricket has been a game changer in many ways. The introduction of Hindi commentary feed has done well and so has our strong web offering through starsports.com which allows consumers to get in the game online.

He adds. Our aggressive marketing campaigns through the season which focussed on new and upcoming heroes of team India in transition culminating with the ‘Asli Test Baaki Hai‘ campaign for the India Australia series struck a chord with fans across the country.

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“Our aim is to take the viewership of this game to a completely new level – be it through our compelling campaigns, quality of talent, look and feel of the presentation, multi-platform delivery or through promoting it across the entire Star network.”

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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

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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.

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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.

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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.

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