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Albert David Q3 Results: Net Profit at ₹15.30 Cr vs Loss of ₹9.39 Cr YoY; Revenue Up 8%
Albert David Limited reported a significant turnaround in Q3 FY26, posting a net profit of ₹15.30 crore compared to a net loss of ₹9.39 crore in the same period last year. Revenue from operations grew 8.2% YoY to ₹89.93 crore, while sequential growth was also positive. The bottom line was heavily supported by a sharp rise in 'Other Income' which reached ₹12.40 crore. However, on a nine-month basis, the net profit of ₹19.94 crore still lags behind the ₹27.53 crore recorded in the previous year.
Key Highlights
Revenue from operations increased 8.2% YoY to ₹8,992.69 Lakhs from ₹8,308.29 Lakhs.
Net Profit turned positive at ₹1,530.38 Lakhs against a loss of ₹938.78 Lakhs in Q3 FY25.
Other Income spiked to ₹1,239.93 Lakhs compared to a negative ₹900.67 Lakhs in the year-ago period.
Earnings Per Share (EPS) recovered to ₹26.81 from a negative ₹16.45 YoY.
Total expenses for the quarter were lower at ₹8,242.37 Lakhs compared to ₹8,423.69 Lakhs YoY.
💼 Action for Investors
Investors should view the return to profitability positively, but must scrutinize the high 'Other Income' component to determine if it is a one-time gain or sustainable. The stock remains a watch to see if operational revenue growth can continue to offset the nine-month performance lag.
Albert David Q3 FY26 Results: Net Profit Swings to ₹15.3 Cr from Loss YoY
Albert David Limited reported a significant turnaround in Q3 FY26, posting a net profit of ₹15.30 crore compared to a net loss of ₹9.39 crore in the same quarter last year. Revenue from operations grew by 8.2% year-on-year to ₹89.93 crore, while total income saw a sharper rise to ₹102.33 crore, aided by a substantial increase in other income. The company's earnings per share (EPS) improved to ₹26.81 from a negative ₹16.45 in the year-ago period. However, for the nine-month period ended December 2025, the net profit of ₹19.94 crore remains lower than the ₹27.53 crore recorded in the corresponding period of the previous year.
Key Highlights
Net Profit of ₹15.30 crore in Q3 FY26 vs a Net Loss of ₹9.39 crore in Q3 FY25.
Revenue from operations increased to ₹89.93 crore from ₹83.08 crore YoY.
Other income surged to ₹12.40 crore, significantly boosting the bottom line compared to negative other income in previous quarters.
9M FY26 profit stands at ₹19.94 crore, down 27.6% compared to ₹27.53 crore in 9M FY25.
Quarterly EPS recovered to ₹26.81 from a loss of ₹16.45 in the previous year's December quarter.
💼 Action for Investors
Investors should monitor if the recovery in profitability is sustainable or driven primarily by the surge in 'Other Income'. The turnaround from a loss-making position is a positive signal, but the year-to-date decline in profit suggests overall growth remains under pressure.
Albert David MD & CEO Umesh Manohar Kunte Resigns Effective December 18, 2025
Albert David Limited has announced the resignation of Mr. Umesh Manohar Kunte from his positions as Managing Director, Chief Executive Officer, and Director. The resignation is effective from the close of business hours on December 18, 2025, citing personal reasons and priorities. Consequently, Mr. Kunte also ceases to be a Key Managerial Person (KMP) of the company. The Board of Directors accepted the resignation during a meeting that concluded at 19:20 HRS on the same day.
Key Highlights
Mr. Umesh Manohar Kunte (DIN: 03398438) resigns as MD, CEO, and Director effective Dec 18, 2025.
The resignation is attributed to personal reasons and priorities of the outgoing executive.
Mr. Kunte will no longer serve as a Key Managerial Person (KMP) under Section 203 of the Companies Act.
The Board meeting approving the transition took place on December 18, 2025, from 17:00 to 19:20 HRS.
💼 Action for Investors
Investors should monitor the company's next steps regarding the appointment of a new CEO/MD to ensure leadership continuity. Any delay in finding a replacement or a shift in strategic direction should be watched closely.
Albert David MD & CEO Umesh Manohar Kunte Resigns Effective Dec 18, 2025
Albert David Limited has announced the resignation of Mr. Umesh Manohar Kunte from his roles as Managing Director, CEO, and Director. The resignation is effective from the close of business on December 18, 2025, citing personal reasons and priorities. As a result, Mr. Kunte also ceases to be a Key Managerial Person (KMP) for the company. The board accepted the resignation in a meeting concluded at 19:20 HRS on the same day, and a successor has not yet been named.
Key Highlights
Resignation of Mr. Umesh Manohar Kunte as MD, CEO, and Director effective Dec 18, 2025
Departure is attributed to personal reasons and priorities of the outgoing executive
The Board of Directors meeting for this decision lasted from 17:00 to 19:20 HRS
Mr. Kunte ceases to be a Key Managerial Person (KMP) under Section 203 of the Companies Act
💼 Action for Investors
Investors should monitor for the appointment of a new CEO to assess the future strategic direction and leadership stability. Maintain a cautious stance until a clear transition plan is announced by the board.
Albert David MD & CEO Umesh Manohar Kunte Resigns Effective December 18, 2025
Albert David Limited has announced the resignation of Mr. Umesh Manohar Kunte from his positions as Managing Director, CEO, and Director. The resignation is effective from the closure of business hours on December 18, 2025, following a Board meeting held on the same day. Mr. Kunte cited personal reasons and priorities for his departure from the company. Consequently, he also ceases to be a Key Managerial Person (KMP) under the Companies Act, 2013.
Key Highlights
Mr. Umesh Manohar Kunte resigned as Managing Director, CEO, and Director effective December 18, 2025.
The resignation was accepted by the Board in a meeting that concluded at 19:20 HRS IST.
The departure is attributed to personal reasons and priorities of the outgoing executive.
Mr. Kunte will no longer serve as a Key Managerial Person (KMP) for determining materiality of events.
The company has placed on record its appreciation for his contributions during his tenure.
💼 Action for Investors
Investors should monitor the company's upcoming announcements regarding the appointment of a new MD and CEO to ensure leadership stability. Sudden changes in top management can lead to short-term stock volatility.