Amber Enterprises Shares Soar 20% After Strong Q2 Results, Up 103% YTD

Amber Enterprises shares surged nearly 20% to a record high of ₹6,815.85 after reporting impressive Q2 FY25 results. The company achieved an 82% year-over-year revenue increase, reaching ₹1,685 crore, driven by high consumer demand and low inventory levels. Operating EBITDA rose 85%, and Amber posted a profit of ₹19.24 crore, bouncing back from a ₹6.94 crore loss last year. The Consumer Durables division saw a remarkable 95% revenue growth, while the Electronics division jumped 98%. Despite a slight revenue decline in the Railway Subsystem division, Amber's strong order book and new product launches provide promising growth prospects.

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