India, Nov. 6 -- Groupe Bruxelles Lambert (GBL), a Belgium-based investment holding company, reported a consolidated net profit of €29 million for the first nine months of 2026, compared with a loss of €209 million in the same period last year.

The improvement was mainly driven by a stronger contribution from GBL Capital, while the group continued to streamline its portfolio and redeploy capital into direct private assets.

GBL's net asset value (NAV) stood at €12.9 billion at September 30, down 8.2% from €14 billion at the end of 2025. NAV per share declined to €99.21 from €105.37. Cash earnings edged down to €306 million from €311 million a year earlier.

The board also approved a new ̈́...