27 Jan 2025

Amber Enterprises Stock Rises by 3.20%, Reports Strong Q3FY25 Results

Amber Enterprises India is trading at Rs. 6994.00, up by 216.85 points or 3.20% from its previous closing of Rs. 6777.15 on the BSE.

The stock opened at Rs. 7100.10 and has touched a high of Rs. 7249.95 and a low of Rs. 6845.00 so far. A total of 50,849 shares have been traded on the counter.

This BSE group 'A' stock, with a face value of Rs. 10, recorded a 52-week high of Rs. 8167.10 on January 7, 2025, and a 52-week low of Rs. 2991.20 on March 20, 2024. Over the last week, the stock's high and low stood at Rs. 7249.95 and Rs. 6201.05, respectively. The company's current market capitalization is Rs. 23,676.45 crore.

Promoters hold 39.72% of the company’s equity, while institutions and non-institutions hold 47.67% and 12.61%, respectively.

Amber Enterprises reported a net profit of Rs. 22.73 crore for Q3FY25, compared to a net loss of Rs. 17.50 crore in the same quarter last year. Total income rose by 71.84% to Rs. 1433.44 crore in Q3FY25 from Rs. 834.19 crore in the corresponding quarter of the previous year.

On a consolidated basis, the company posted a net profit of Rs. 37.05 crore for the quarter ended December 31, 2024, as against a net loss of Rs. 0.52 crore in the same period last year. Total income increased by 65.33% to Rs. 2149.30 crore in Q3FY25 compared to Rs. 1299.97 crore in the corresponding quarter of the previous year.