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Teamwork Communications bags the PR mandate for FUJIFILM India

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Mumbai: Teamwork Communications, a communication and marketing agency, has won the full PR mandate for FUJIFILM India, a global Japanese company with businesses spread across three major verticals, Healthcare, Materials and Imaging. The mandate includes a vast portfolio of technologically advanced products from its diverse businesses of Healthcare, Endoscopy Systems, Photo Imaging Solutions, Digital Still Camera, Instant Camera, Optical Devises, Graphic Communication Solutions, Recording Media & Industrial Product along with Corporate PR for the brand. “We are honored to partner with FUJIFILM India, a brand that has been a leader in innovation and technology for many years,” said Teamwork Communications co-founder & CEO Nikky Gupta. “Our team is excited to bring our strategic communication expertise to FUJIFILM India, helping them achieve their communication goals and objectives in the Indian market.”

FUJIFILM is known for its commitment to innovation and technology, and Teamwork Communications is excited to bring its strategic communication expertise to the table. As a result of this collaboration, FUJIFILM India will be able to further strengthen its reputation and brand presence in India.

“We are delighted to partner with Teamwork Communications, a leading PR agency that has demonstrated a deep understanding of our industry and the brand,” said FUJIFILM India vertical head corporate communications & CSR Abhi Shekhar Singh. “We look forward to working with them to further enhance our brand presence in India by communicating the stories of excellent work that we are doing for the Indian society.”

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This partnership marks a significant milestone for Teamwork Communications, as it continues to expand its footprint as a leader in the Indian PR industry. With its deep industry knowledge, strategic communication expertise, and innovative approach, Teamwork Communications is well-positioned to help FUJIFILM India achieve its communication goals and objectives in the years to come.

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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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