{
Korea Circuit

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}

amber enterprises reports strong revenue growth driven by consumer durables sector

Amber Enterprises, a leading contract manufacturer of Room ACs, reported an impressive 82% year-on-year revenue growth in Q2 FY25, driven by improved realizations and new customer acquisitions in the RAC segment. The company is diversifying into components and has formed a joint venture with Korea Circuit for advanced PCBs. Despite a flattish growth outlook for railways and subsystems in FY25, the medium-term prospects remain positive, although stock valuations are considered high at 72x FY26 earnings.
Moneycontrol
Indian Rupee Korea Circuit Amber Enterprises India Limited IND Show more
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05:44 24.10.2024
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