Amber Enterprises Reports Strong Q3 FY24-25 Results Amid Rising Interest Costs

Jan 23 2025 09:01 PM IST
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Amber Enterprises India has announced strong financial results for Q3 FY24-25, with significant increases in profit before tax and profit after tax. Net sales also showed robust growth, highlighting the company's operational strength in the consumer durables electronics sector, despite facing challenges from rising interest costs and a higher debt-equity ratio.
Amber Enterprises India has reported notable financial results for the third quarter of FY24-25, highlighting substantial growth across several key metrics. The company announced a profit before tax (PBT) of Rs 37.30 crore, which reflects a significant year-on-year change. Similarly, the profit after tax (PAT) rose to Rs 35.87 crore, showcasing a remarkable shift compared to the previous year.

Net sales also exhibited a strong performance, reaching Rs 2,133.33 crore, indicating a considerable year-on-year change. This trend underscores Amber Enterprises' operational capabilities and its position in the consumer durables electronics sector.

However, the company is navigating challenges related to rising interest costs, which have reached Rs 53.66 crore, showing a quarter-on-quarter change. Additionally, the debt-equity ratio stands at 0.96 times, suggesting a higher level of borrowing to support operations. Despite these challenges, Amber Enterprises continues to demonstrate a strong financial trajectory, reflecting its resilience in a competitive market.

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