Amber Enterprises India Ltd

Revenue from operations jumped 64.8% year on year (YoY) to Rs 2,133.33 crore in the quarter ended 31 December 2024. The operating EBITDA grew to Rs 162 Cr, reflecting growth of 97% YoY. Operating EBITDA Margin improved to 7.6% in Q3 FY25 as compared to 6.3% in the corresponding quarter last year. The business diversification strategy is progressing well, as evidenced by the strong performance in the consumer durable and electronic divisions, which reported quarterly revenue growth of 67% and 96%, respectively, compared to the previous year, it added. Jasbir Singh, executive chairman & CEO and whole-time director of Amber Enterprises, said, 'We are pleased to report the robust financial performance for Q3FY25. The Consumer Durable division reported strong growth of 67% YoY, led by the underlying RAC industry channel inventory filling in anticipation of a positive summer season and aided by deepening of the customer relationships. The Electronic division continues to be on transformative growth momentum with revenue growth of 96% YoY in Q3FY25. The growth levers are in place for further rapid scale-up with the addition of business applications on the PCB assembly front, and on the board front, the Ascent facility expansion coupled with JV with Korea Circuit for HDI, Flex, and semiconductor substrates PCB will pave the way for growth. The Railway Sub-systems & Defense division revenue witnessed a 13% decline on a YoY basis in Q3 FY25, impacted by deferral in offtake of products. However, the delay in Indian Railways offtake is more momentary, with no cancellations of orders. We remain optimistic for the strong growth trajectory of the division over the long term, backed by the order book and product expansion. Overall, with the key strategic initiatives in each division, we are well poised to attain new scale for the company.' Amber Enterprises India is principally engaged in the business of manufacturing consumer durable products. Powered by Capital Market - Live

Net profit of Amber Enterprises India reported to Rs 35.87 crore in the quarter ended December 2024 as against net loss of Rs 0.48 crore during the previous quarter ended December 2023. Sales rose 64.77% to Rs 2133.33 crore in the quarter ended December 2024 as against Rs 1294.76 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2133.331294.76 65 OPM %7.026.06 - PBDT112.0546.86 139 PBT53.280.30 17660 NP35.87-0.48 LP Powered by Capital Market - Live

Amber Enterprises India will hold a meeting of the Board of Directors of the Company on 23 January 2025.Powered by Capital Market - Live

BASF India Ltd, Aegis Logistics Ltd, Metro Brands Ltd, General Insurance Corporation of India are among the other stocks to see a surge in volumes on BSE today, 20 December 2024.Amber Enterprises India Ltd recorded volume of 1.27 lakh shares by 10:46 IST on BSE, a 7.59 times surge over two-week average daily volume of 16698 shares. The stock gained 0.48% to Rs.6,124.75. Volumes stood at 31331 shares in the last session.BASF India Ltd notched up volume of 10277 shares by 10:46 IST on BSE, a 3.98 fold spurt over two-week average daily volume of 2582 shares. The stock rose 6.96% to Rs.5,840.30. Volumes stood at 2939 shares in the last session.Aegis Logistics Ltd registered volume of 68013 shares by 10:46 IST on BSE, a 3.74 fold spurt over two-week average daily volume of 18189 shares. The stock rose 6.51% to Rs.805.00. Volumes stood at 14058 shares in the last session.Metro Brands Ltd notched up volume of 12370 shares by 10:46 IST on BSE, a 2.64 fold spurt over two-week average daily volume of 4688 shares. The stock rose 2.04% to Rs.1,328.00. Volumes stood at 11392 shares in the last session.General Insurance Corporation of India clocked volume of 2.06 lakh shares by 10:46 IST on BSE, a 1.95 times surge over two-week average daily volume of 1.06 lakh shares. The stock gained 9.24% to Rs.483.10. Volumes stood at 45318 shares in the last session.Powered by Capital Market - Live

Max Financial Services Ltd, SBI Life Insurance Company Ltd, HDFC Life Insurance Company Ltd and Dhani Services Ltd are among the other losers in the BSE's 'A' group today, 28 November 2024.Amber Enterprises India Ltd crashed 7.07% to Rs 6015 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 18303 shares were traded on the counter so far as against the average daily volumes of 23019 shares in the past one month.Max Financial Services Ltd tumbled 7.02% to Rs 1104.5. The stock was the second biggest loser in 'A' group.On the BSE, 27819 shares were traded on the counter so far as against the average daily volumes of 7891 shares in the past one month.SBI Life Insurance Company Ltd lost 6.45% to Rs 1408.4. The stock was the third biggest loser in 'A' group.On the BSE, 1.69 lakh shares were traded on the counter so far as against the average daily volumes of 50319 shares in the past one month.HDFC Life Insurance Company Ltd slipped 5.34% to Rs 644.4. The stock was the fourth biggest loser in 'A' group.On the BSE, 2.92 lakh shares were traded on the counter so far as against the average daily volumes of 49383 shares in the past one month.Dhani Services Ltd pared 4.65% to Rs 75.19. The stock was the fifth biggest loser in 'A' group.On the BSE, 8.26 lakh shares were traded on the counter so far as against the average daily volumes of 6.36 lakh shares in the past one month.Powered by Capital Market - Live

V I P Industries Ltd, Strides Pharma Science Ltd, Brigade Enterprises Ltd and Concord Biotech Ltd are among the other gainers in the BSE's 'A' group today, 21 November 2024.Amber Enterprises India Ltd spiked 7.85% to Rs 6650 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 21332 shares were traded on the counter so far as against the average daily volumes of 31714 shares in the past one month. V I P Industries Ltd soared 6.53% to Rs 490. The stock was the second biggest gainer in 'A' group. On the BSE, 27238 shares were traded on the counter so far as against the average daily volumes of 31491 shares in the past one month. Strides Pharma Science Ltd surged 6.31% to Rs 1480.4. The stock was the third biggest gainer in 'A' group. On the BSE, 9342 shares were traded on the counter so far as against the average daily volumes of 30341 shares in the past one month. Brigade Enterprises Ltd added 5.27% to Rs 1209. The stock was the fourth biggest gainer in 'A' group. On the BSE, 10761 shares were traded on the counter so far as against the average daily volumes of 10243 shares in the past one month. Concord Biotech Ltd gained 5.26% to Rs 1998.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4977 shares were traded on the counter so far as against the average daily volumes of 3427 shares in the past one month. Powered by Capital Market - Live

Persistent Systems Ltd, Coforge Ltd, Gujarat Mineral Development Corporation Ltd and One 97 Communications Ltd are among the other gainers in the BSE's 'A' group today, 23 October 2024.Amber Enterprises India Ltd surged 17.37% to Rs 6666.3 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 58277 shares were traded on the counter so far as against the average daily volumes of 27172 shares in the past one month. Persistent Systems Ltd soared 11.53% to Rs 5751. The stock was the second biggest gainer in 'A' group. On the BSE, 70582 shares were traded on the counter so far as against the average daily volumes of 13191 shares in the past one month. Coforge Ltd spiked 10.46% to Rs 7506.5. The stock was the third biggest gainer in 'A' group. On the BSE, 2.17 lakh shares were traded on the counter so far as against the average daily volumes of 26813 shares in the past one month. Gujarat Mineral Development Corporation Ltd exploded 10.28% to Rs 362.45. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.84 lakh shares were traded on the counter so far as against the average daily volumes of 83266 shares in the past one month. One 97 Communications Ltd spurt 10.26% to Rs 757.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 15.29 lakh shares were traded on the counter so far as against the average daily volumes of 7.76 lakh shares in the past one month. Powered by Capital Market - Live

The frontline indices continued to trade with minor gains in morning trade. The Nifty traded above the 24,500 level. IT shares advanced after declining in the past three consecutive trading sessions. At 10:30 IST, the barometer index, the S&P BSE Sensex, added 78.25 points or 0.10% to 80,298.97. The Nifty 50 index added 30.30 points or 0.12% to 24,502.40. In the broader market, the S&P BSE Mid-Cap index rose 0.58% and the S&P BSE Small-Cap index gained 1.02%. The market breadth was positive. On the BSE, 2,074 shares rose and 1,477 shares fell. A total of 147 shares were unchanged. Economy: The International Monetary Fund (IMF) maintained its June growth rate projects for India in its latest World Economic Outlook (WEO). IMF stated that India is set to grow at 7% in the current fiscal year ending March 31, 2025 and 6.5% in the next fiscal year (FY2025-26). Result Today: Hindustan Unilever (down 0.64%), Pidilite Industries (up 0.43%), TVS Motor Company (up 2.13%), United Spirits (down 1.04%), Aster DM Healthcare (down 0.07%), AU Small Finance Bank (down 0.98%), Bajaj Finserv (up 2.25%), Bajaj Holdings & Investment (down 0.01%), Birla Corporation (up 1.08%), Birlasoft (up 2.06%), CARE Ratings (up 3.01%), Craftsman Automation (up 0.80%), Fedbank Financial Services (down 0.09%), Fino Payments Bank (up 2.08%), Godrej Properties (up 1.38%), Heritage Foods (down 1.75%), IIFL Finance (down 1.15%), Johnson Controls-Hitachi Air Conditioning India (up 1.36%), KPIT Technologies (up 2.05%), Karnataka Bank (down 0.49%), Dr. Lal PathLabs (down 0.62%), MAS Financial Services (down 0.19%), Metro Brands (down 1.31%) and Piramal Enterprises (down 0.24%) will declare their results later today. Buzzing Index: The Nifty IT index gained 1.94% to 42,040.40. The index fell 3.49% in three consecutive trading sessions. Coforge (up 8.64%), Persistent Systems (up 8.42%), Mphasis (up 2.83%), L&T Technology Services (up 1.19%), Tech Mahindra (up 0.85%), HCL Technologies (up 0.67%), Tata Consultancy Services (up 0.61%), LTIMindtree (up 0.57%), Wipro (up 0.54%) and Infosys (up 0.31%) advanced. Stocks in Spotlight: Amber Enterprises surged 8.43% after the company reported consolidated net profit of Rs 21 crore in Q2 FY25 as compared with net loss of Rs 5.7 crore in Q2 FY24. Revenue stood at Rs 1,685 crore in Q2 FY25, up 81.7% YoY. Bajaj Finance jumped 4.93% after the company reported 13.03% jump in consolidated net profit to Rs 4,014 crore in Q2 FY25, up 13.03% as compared with Rs 3,551 crore in Q2 FY24. Revenue increased 27.72% YoY to Rs 17,095 crore during the quarter. FY25 credit cost guidance hiked from 1.75- 1.85% to 2-2.5%. Adani Green Energy declined 1.56%. The company's consolidated net profit jumped 39% to Rs 515 crore in Q2 FY25 as compared with Rs 371 crore in Q2 FY24. Revenue increased 38% YoY to Rs 3,055 crore during the quarter ended 30 September 2024. Powered by Capital Market - Live

Net profit of Amber Enterprises India reported to Rs 19.25 crore in the quarter ended September 2024 as against net loss of Rs 6.95 crore during the previous quarter ended September 2023. Sales rose 81.73% to Rs 1684.70 crore in the quarter ended September 2024 as against Rs 927.06 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1684.70927.06 82 OPM %6.596.42 - PBDT80.2435.74 125 PBT23.61-9.48 LP NP19.25-6.95 LP Powered by Capital Market - Live

Tata Chemicals Ltd, JSW Holdings Ltd, Tejas Networks Ltd and Maharashtra Scooters Ltd are among the other gainers in the BSE's 'A' group today, 21 October 2024.Amber Enterprises India Ltd surged 12.68% to Rs 6088 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 39451 shares were traded on the counter so far as against the average daily volumes of 23633 shares in the past one month. Tata Chemicals Ltd spiked 9.82% to Rs 1194.8. The stock was the second biggest gainer in 'A' group. On the BSE, 5.18 lakh shares were traded on the counter so far as against the average daily volumes of 1.51 lakh shares in the past one month. JSW Holdings Ltd soared 9.01% to Rs 10212.75. The stock was the third biggest gainer in 'A' group. On the BSE, 1526 shares were traded on the counter so far as against the average daily volumes of 850 shares in the past one month. Tejas Networks Ltd rose 8.93% to Rs 1295.9. The stock was the fourth biggest gainer in 'A' group. On the BSE, 8.36 lakh shares were traded on the counter so far as against the average daily volumes of 36062 shares in the past one month. Maharashtra Scooters Ltd exploded 8.32% to Rs 12556.05. The stock was the fifth biggest gainer in 'A' group. On the BSE, 2673 shares were traded on the counter so far as against the average daily volumes of 920 shares in the past one month. Powered by Capital Market - Live