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Alankit Q3 FY26 Net Profit Jumps 54% YoY to ₹8.03 Cr; Income Tax Demand of ₹179 Cr Noted
Alankit Limited reported a strong consolidated net profit of ₹803.37 Lakhs for Q3 FY26, a 54.5% increase from ₹519.83 Lakhs in the same quarter last year. Total income for the quarter stood at ₹7,594.13 Lakhs, showing steady growth compared to ₹7,471.82 Lakhs YoY. For the nine-month period, revenue grew significantly by 29.5% to ₹26,932.31 Lakhs. However, the company faces a substantial legal overhang with an Income Tax demand of ₹17,932.61 Lakhs, which management claims is not tenable and is currently under appeal.
Key Highlights
Consolidated Net Profit for Q3 FY26 rose 54.5% YoY to ₹8.03 Crore.
Nine-month Total Income increased to ₹269.32 Crore from ₹207.95 Crore in the previous year.
Earnings Per Share (EPS) for the quarter improved to ₹0.28 from ₹0.19 YoY.
Significant contingent liability of ₹179.32 Crore in Income Tax demands for AY 2011-12 to 2020-21.
Revenue from Foreign Currency sales grew to ₹25.98 Crore in Q3 FY26 vs ₹17.67 Crore in Q3 FY25.
💼 Action for Investors
Investors should weigh the strong operational profit growth against the significant Income Tax demand which exceeds the company's annual profit. It is advisable to maintain a watch on the legal proceedings regarding the ₹179 Crore tax dispute.