Amber Enterprises India ‘s Latest Q2 Report: Profit Up by 470.97% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Amber Enterprises India Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Amber Enterprises India Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 81.72 %. However, it did see a marginal slip of -29.84 % from the previous quarter. Expenses decreased slightly by -28.64 % quarter-on-quarter, aligning with the annual rise of 81.4 %. Operating profit, while up 86.47 % compared to last year, faced a quarter-on-quarter dip of -43.39 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.17 %, but a shrinkage of -1.58 % sequentially. Other income fell by -13.83 % compared to the last quarter, despite an annual growth of 39.79 %. Interest expenses dropped significantly by -6.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.01 %. Depreciation costs climbed by 3.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25.23 %. Profit before tax grew annually by 349.05 % but saw a reduction from the preceding quarter by -78.55 %.
Tax expenses as a percentage of profits increased slightly by 50.43 % compared to last year, with a more notable quarter-on-quarter decrease of -16.97 %. Net profit rose by 470.97 % year-on-year but witnessed a -71.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 375.73 % but a quarterly fall of -73.46 %. In summary, Amber Enterprises India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Amber Enterprises India Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 81.72 % year-on-year growth, although there was a slight dip of -29.84 % from the previous quarter. Expenses rose by 81.4 % compared to the previous year, with a decrease of -28.64 % quarter-on-quarter. Operating Profit surged by 86.47 % annually, and saw a -43.39 % decrease from the last quarter.
Net Profit showed yearly increase of 470.97 %, and experienced a -71.95 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 375.73 % annually, however dipped by -73.46 % compared to the last quarter. In essence, while Amber Enterprises India Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.