Amber Enterprises India Ltd was in focus on Tuesday. On December 24, 2024, Amber share price opened at ₹6,829.75, down from its previous close of ₹6,907.80. However, at 10:47 AM, the share price of Amber Enterprises was trading at ₹7,153.00, up by 3.55% on the NSE.
Notably, the stock touched its 52-week high today at ₹7,279.00. The market cap of the company was at ₹24,193.95 crore.
For Q2FY25, the company’s consolidated revenues surged by 82% year-over-year to ₹1,685 crores. Operating EBITDA grew to ₹120 crores, reflecting an 85% increase from the previous year. The profit after tax for the period rose to ₹21 crores, compared to a loss of ₹6 crores during the corresponding period of the previous year.
Amber Enterprises India Limited, part of the Amber Group, is a diversified manufacturing leader operating across three key business verticals: consumer durables, electronics (EMS), and railway subsystems and mobility. The consumer durables segment includes room air conditioners (RAC), RAC components such as motors, and non-room AC components. In the EMS segment, which encompasses ILJIN Electronics, EVER Electronics, and Ascent Circuits, the company offers solutions in telecom, automotive, smart energy meters, consumer electronics, appliances, hearables, wearables, and bare board PCBs. The railway subsystems and mobility vertical focuses on providing integrated solutions for rolling stock, including HVAC, doors, gangways, and pantry systems, serving key sectors like Indian Railways, Metro, RRTS, and buses.
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Published on: Dec 24, 2024, 1:23 PM IST
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