Amber Enterprises India Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
January 29, 2020
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Amber Enterprises India Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 7,906.285 million compared to INR 5,183.062 million a year ago. Net income was INR 225.716 million compared to INR 37.702 million a year ago. Basic earnings per share was INR 7.89 compared to INR 1.27 a year ago.
For the nine months, total revenue was INR 26,557.885 million compared to INR 15,605.474 million a year ago. Net income was INR 955.596 million compared to INR 277.143 million a year ago. Basic earnings per share was INR 32.22 compared to INR 8.89 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 
