Amber Enterprises India Limited Reports Earnings Results for the First Quarter Ended June 30, 2020
August 07, 2020 at 08:50 am EDT
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Amber Enterprises India Limited announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced total revenue was INR 2,624.897 million compared to INR 12,420.635 million a year ago. Net loss was INR 224.460 million compared to net income of INR 612.169 million a year ago. Basic loss per share was INR 7.14 compared to basic earnings per share of INR 19.47 a year ago.
Amber Enterprises India Limited is engaged in manufacturing of consumer durable products. The Company is a solution provider for air conditioner original equipment manufacturer (OEM) /original design manufacturer (ODM) industry in India. It designs and manufactures complete refrigeration and air conditioning (RACS) including window air conditioners (WACS) and indoor units (IDUS) and outdoor units (ODUS) of split air conditioners (SACs) with specifications ranging from 0.75 ton to two tons, across energy ratings and types of refrigerants. It also manufactures functional components of RACS that include heat exchangers, motors and multi-flow condensers with other components, such as sheet metal components, copper tubing and including plastic extrusion, vacuum forming and injection molding processes. The Company also manufactures components, other durables, and automobiles, such as case liners for refrigerator, plastic extrusion sheets, and sheet metal components for microwave.
AMBER ENTERPRISES INDIA LIMITED 
