Amber Enterprises India

Amber Enterprises reported a consolidated net profit of Rs 20.96 crore as compared to a loss of Rs 5.65 crore a year ago

Amber Enterprises stock update: The company's Q4 consolidated net profit grew 9.1 per cent YoY to Rs 108 crore, while revenue rose 7.1 per cent to Rs 3,003 crore in the March 2024 quarter.

Amber Enterprises is a market leader in domestic room air conditioner (RAC) industry and air conditioning industry for mobility applications such as railways, metros, buses etc.

The ban on imports with refrigerant filled ACs has opened up new opportunities for the domestic manufacturers and for Amber

The stock was up 4% to Rs 1,291, extending its previous day's over 40% rally on NSE.