Amber Enterprises shares skyrocket 20% to fresh high after Q2 numbers, up 103% YTD | Stock Market News

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Shares of Amber Enterprises India surged nearly 20% on Wednesday, October 23 to their all-time high of ₹6,815.85 apiece after the company’s September quarter results for fiscal 2025 (Q2 FY25) exceeded market expectations.In Q2 FY25, the company’s consolidated revenue grew 82% year-over-year (YoY) to ₹1,685 crore, driven by strong consumer demand due to prolonged summers and lower channel inventories. Operating EBITDA saw an 85% YoY increase, reflecting the company’s strategic focus on RAC and components, along with growth in the Electronics Division.It reported a profit after tax of ₹19.24 crore, a significant turnaround from a ₹6.94 crore loss in the same period last year.The company posted strong numbers across its divisions. The Consumer Durables division saw a 95% YoY revenue growth, driven by robust performance in both RAC and non-RAC components. The Electronics division surged 98% YoY, fueled by expansion into new business lines and advanced PCB manufacturing…

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