Amber Enterprises India Ltd. experienced a notable 5% increase in share price on January 24, 2025, following the release of its impressive financial results for the quarter ending December 2024. By 9:15 AM, shares were trading 5.48% higher at ₹7,138.65.
The company reported a net profit of ₹35.87 crore, a significant recovery from a net loss of ₹0.48 crore during the same quarter last year. Sales surged by 64.77%, reaching ₹2,133.33 crore compared to ₹1,294.76 crore in Q3 FY23. This strong performance highlights Amber's operational efficiency and increasing demand for its products.
The robust financial results may boost investor confidence and attract further investments in the company, potentially influencing market trends in the consumer goods sector.