On January 24, 2025, Amber Enterprises shares rose ~4% and touched the day high of ₹7,249.95 at 11:15 AM after opening at ₹7,100.10. The gain in Amber Enterprises shares came after the release of its unaudited financial results for the quarter (Q3FY25) and nine months (9MFY25) ended December 31, 2024.
Amber Enterprises reported strong financial performance for Q3FY25, with consolidated revenue of ₹2,133 crore, reflecting a 65% year-on-year growth. Operating EBITDA surged to ₹162 crore, marking a 97% YoY increase. Profit After Tax (PAT) for the quarter stood at ₹37 crore, a significant turnaround from a loss of ₹1 crore in the same period last year.
For the nine months ended December 31, 2024, the consolidated revenue reached ₹6,219 crore, a 59% increase compared to the same period last year. Operating EBITDA grew to ₹482 crore, up 69% YoY. PAT stood at ₹133 crore, reflecting a remarkable 228% growth over the corresponding period in the previous year.
Amber’s business diversification strategy is gaining momentum, with the Consumer Durable and Electronic Divisions posting strong quarterly revenue growth of 67% and 96%, respectively, compared to the previous year.
Commenting on the results and performance for Q3 & 9MFY25, Mr Jasbir Singh, Executive Chairman & CEO and Whole-time Director of Amber Enterprises India Ltd. 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 Bare 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.”
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Published on: Jan 24, 2025, 11:47 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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