The Hindu Business Line : Kwality Walls Jan-June net at Rs 9.7 cr

THE ice-cream division of Hindustan Lever, Kwality Walls, has posted profits of Rs 9.74 crore during the January-June period, Mr J.H. Mehta, the company's Executive Director (Ice Cream), said here on Thursday.

This is against the losses of Rs 2.8 crore in the corresponding period last year, and losses of Rs 9.2 crore the previous year.

Mr Mehta attributed the ice-cream division making profits to a renewed strategy for the ice-cream business, which includes a more focused approach in six cities, rationalisation of the product portfolio and complete representation at all price points.

The presence of Kwality Walls Softy, meanwhile, is now restricted to only a couple of cities.

Mr Mehta was speaking at a press conference to announce the launch of limited edition flavours for the forthcoming festive season.

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