Amber Enterprises India Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
May 30, 2020 at 11:03 am EDT
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Amber Enterprises India Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 13,151.629 million compared to INR 12,013.915 million a year ago. Net income was INR 628.442 million compared to INR 659.454 million a year ago. Basic earnings per share was INR 19.98 compared to INR 21.25 a year ago. For the full year, total revenue was INR 39,709.514 million compared to INR 27,619.389 million a year ago. Net income was INR 1,584.037 million compared to INR 936.597 million a year ago. Basic earnings per share was INR 52.2 compared to INR 30.14 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 
