Albert David MD & CEO Umesh Kunte Resigns

Albert David Limited announces resignation of Managing Director and CEO Umesh Manohar Kunte effective December 18, 2025, citing personal reasons and priorities.

Albert David Limited Reports Quarterly Financial Results for Period Ended September 30, 2025

Albert David Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The pharmaceutical manufacturing company reported revenue from operations of Rs. 5,857 lakhs for the quarter, compared to Rs. 7,056.64 lakhs in the previous quarter. The company posted a net loss of Rs. 540.04 lakhs for the quarter versus a loss of Rs. 779.76 lakhs in the prior quarter. For the half year period, revenue from operations stood at Rs. 13,779.18 lakhs with a net loss of Rs. 526.71 lakhs. The company paid a dividend of Rs. 5.00 per equity share during the quarter, resulting in a total outflow of Rs. 285.36 lakhs. The results were reviewed by the Audit Committee and approved by the Board of Directors. The company operates in pharmaceutical manufacturing with one reportable segment.

Albert David Ltd Seeks Shareholder Approval for Independent Director Appointment via Postal Ballot

Albert David Ltd has issued a postal ballot notice seeking shareholder approval for the appointment of Dr. Rajiv Anant Desai as an Independent Director for a five-year term from August 2, 2025 to August 1, 2030. The e-voting period runs from August 18 to September 16, 2025. Dr. Desai, aged 63, holds M.Sc in Chemistry, Ph.D in Pharmaceutical Chemistry, and MBA qualifications with over 38 years of experience in the pharmaceutical industry. He previously served as Executive Vice President at Lupin Limited and currently works as Senior Technical Advisor with Indian Pharmaceutical Alliance. The company has appointed Mrs. Shikha Gupta as scrutinizer for the postal ballot process. The notice was sent electronically to 13,995 shareholders whose email addresses are registered with the company. Results will be declared within 48 hours of voting conclusion.

Albert David Limited Reports Q1 FY2026 Financial Results with Mixed Performance

Albert David Limited published its unaudited financial results for the quarter ended June 30, 2025. The company reported total income from operations of Rs. 7,056.64 lakhs compared to Rs. 8,935.64 lakhs in the corresponding quarter of the previous year. Net profit for the period after tax stood at Rs. 793.76 lakhs versus Rs. 1,884.44 lakhs in Q1 FY2025. The company's equity share capital remained stable at Rs. 570.72 lakhs. Basic and diluted earnings per share were Rs. 13.91 compared to Rs. 33.02 in the same quarter last year. The results were reviewed by the audit committee and approved by the board of directors on August 2, 2025.