Kwality Wall's Q2 Results FY27: Date, Expectations and Preview

Track the latest Kwality Wall's (India) Ltd. share price on Univest. This is a point investors are watching closely around Kwality Wall's Q2 results.

Kwality Wall's (India) Ltd. shares are on watch as investors look ahead to the Kwality Wall's Q2 results FY27, the company's next scheduled quarterly disclosure covering the September 2026 quarter. This Kwality Wall's Q2 results preview walks through the exact results date situation, recent quarterly trends and the valuation backdrop, without predicting any specific revenue or profit numbers. It remains a relevant data point for Kwality Wall's Q2 results watchers.

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Kwality Wall's Q2 Results FY27 Date

The exact Kwality Wall's Q2 results date for FY27 has not been officially announced yet. Based on the company's historical results calendar pattern, Kwality Wall's Q2 results FY27 are typically expected to be released in the second half of October or early November 2026, once the board finalises and approves the September quarter accounts. Investors tracking the Kwality Wall's Q2 results date should watch for a formal board meeting intimation on the exchanges closer to that window.

Kwality Wall's Q2 Results Expectations

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Kwality Wall's Q2 results expectations for the September 2026 quarter will largely be framed around whether the operating recovery seen in the June 2026 quarter can be sustained. Kwality Wall's (India) Ltd. became a standalone listed entity following the demerger of the ice cream business from Hindustan Unilever in 2025, and its early quarters as an independent company saw heavy operating and net losses. Investors will watch whether the seasonal strength typical of the ice cream category, combined with the stabilisation already visible in Q1 FY27, continues into the Kwality Wall's Q2 results FY27. Rather than pointing to specific numbers, the more relevant markers for this quarter are the trend in operating margin, the pace of revenue recovery and whether one off transition costs linked to the demerger have fully run their course.

Previous Quarter: Q1 FY27 (June 2026) Performance

In the June 2026 quarter (Q1 FY27), Kwality Wall's reported revenue of Rs 878 crore, operating profit of Rs 103 crore and an operating margin of 11.73 percent. Net profit for the quarter came in at Rs 51 crore, marking the company's return to profitability after three consecutive loss making quarters. This Q1 FY27 performance is the most recent data point available heading into the Kwality Wall's Q2 results FY27 and gives investors a base to judge whether the recovery has legs.

Q2 FY26 Base Quarter (September 2025)

This base quarter matters because it directly frames the year on year read on the upcoming Kwality Wall's Q2 results FY27.

The year ago base quarter for comparison is Q2 FY26, or September 2025, which will be used for the year on year comparison once the Kwality Wall's Q2 results FY27 are declared. In that quarter, Kwality Wall's posted revenue of Rs 322 crore, an operating loss of Rs 56 crore with a negative operating margin of 17.39 percent, and a net loss of Rs 100 crore. This was among the weakest quarters in the company's short standalone listed history and reflects the demerger related transition costs that weighed on the business through much of FY26.

Recent Trend: Jun25 to Jun26

Tracing the recent quarterly trend gives useful context for the Kwality Wall's Q2 results FY27 preview. In Q1 FY26 (June 2025), the company reported revenue of Rs 757 crore, operating profit of Rs 78 crore at a 10.3 percent margin, and net profit of Rs 38 crore, a relatively healthy quarter before the standalone listing fully settled in. The subsequent Q2 FY26 (September 2025) turned sharply negative with a net loss of Rs 100 crore. The pattern of losses deepened further in Q3 FY26 (December 2025), where revenue fell to Rs 223 crore, operating loss widened to Rs 64 crore and net loss expanded to Rs 178 crore, the weakest quarter in the series. Q4 FY26 (March 2026) showed a partial revenue recovery to Rs 486 crore, though the company still posted an operating loss of Rs 78 crore and a net loss of Rs 107 crore. The turnaround became visible in Q1 FY27 (June 2026), when revenue jumped to Rs 878 crore, operating profit turned positive at Rs 103 crore and net profit came in at Rs 51 crore. This five quarter run, from a healthy Jun25 to heavy losses across Sep25, Dec25 and Mar26, followed by the Jun26 recovery, is a notable transition pattern that appears tied to the costs of establishing Kwality Wall's as a standalone listed company after the HUL ice cream demerger.

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Key Factors to Watch in Kwality Wall's Q2 Results

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Several factors will shape how the market reads the Kwality Wall's Q2 results FY27 once they are announced, beyond the headline revenue and profit figures.

• Whether the operating margin recovery seen in Q1 FY27 holds up or reverses in the Kwality Wall's Q2 results FY27.
• Seasonal demand for ice cream and frozen desserts through the September quarter, which typically sees some moderation compared to the peak summer months.
• Any residual one off costs linked to the demerger and transition to a standalone listing that may still be flowing through the profit and loss statement.
• Working capital and distribution network stabilisation as the company continues to operate independently of its former parent.
• Commentary from management, if any, on the sustainability of the Q1 FY27 turnaround when results are announced.

Valuation Snapshot

Metric	Value
Current Market Price	Rs 40.71
52 Week High / Low	Rs 50.68 / Rs 22.24
50 Day Moving Average	Rs 37.80
RSI	30.65
PE Ratio	Not meaningful on a trailing loss
EPS	Not meaningful on a trailing loss
Book Value	Rs 2.86
Price to Book	14.23
ROE	-1.01%
Debt to Equity	0.0
Dividend Yield	0.0%
Market Cap	Approx Rs 9,563 crore

The valuation snapshot shows a stock trading well above its book value, with a price to book ratio of 14.23 despite a negative trailing return on equity of -1.01 percent, reflecting the recent history of losses rather than the improving Q1 FY27 trend. With the PE ratio not meaningful on a trailing loss basis, investors watching the Kwality Wall's Q2 results FY27 will likely place more weight on the operating margin trajectory than on conventional earnings multiples until profitability is established across a longer run of quarters.

What to Watch in Q2 FY27

Heading into the Kwality Wall's Q2 results FY27, the central question is continuity. The company moved from an operating loss of Rs 78 crore in Q4 FY26 to an operating profit of Rs 103 crore in Q1 FY27, a meaningful swing. Whether this Q2 results FY27 print confirms that the demerger related disruption is behind the company, or whether some volatility returns, will shape how the market reads Kwality Wall's near term trajectory. Investors should also track the RSI reading of 30.65, which sits closer to oversold territory, alongside the stock trading below its 52 week high of Rs 50.68.

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Conclusion

To sum up, the Kwality Wall's Q2 results FY27 preview above is built entirely on disclosed data rather than forecasts.

The Kwality Wall's Q2 results FY27 will be an important data point for a company still establishing its track record as a standalone listed entity following the HUL ice cream demerger. The Q1 FY27 turnaround to profit, after three straight loss making quarters, sets up a meaningful year on year comparison against the weak Q2 FY26 base. This preview has focused on trends and factors rather than predicted numbers, and investors should wait for the official Kwality Wall's Q2 results FY27 announcement, expected in the second half of October or early November 2026, before drawing firm conclusions. This is not a recommendation to buy or sell the stock.

When are Kwality Wall's Q2 results FY27 expected?

Ans. The exact date has not been officially announced. Based on the company's historical results calendar pattern, Kwality Wall's Q2 results FY27 are typically expected in the second half of October or early November 2026.

What was Kwality Wall's net profit in the previous quarter?

Ans. In Q1 FY27 (June 2026), Kwality Wall's reported a net profit of Rs 51 crore, on revenue of Rs 878 crore and an operating margin of 11.73 percent, marking a return to profit after three consecutive loss making quarters.

Why did Kwality Wall's report losses in previous quarters?

Ans. Kwality Wall's reported heavy operating and net losses in the September 2025, December 2025 and March 2026 quarters, a period that followed its standalone listing after the demerger of the ice cream business from Hindustan Unilever, with transition related costs weighing on profitability.

What is Kwality Wall's current share price and market cap?

Ans. Kwality Wall's is currently trading around Rs 40.71 with a market capitalisation of approximately Rs 9,563 crore, against a 52 week high of Rs 50.68 and a 52 week low of Rs 22.24.