The shares of Amber Enterprises crashed nearly 18% on Monday, on track to record their worst-single day drop in nearly four years, after the company released its results for the January-March quarter of the financial year 2026.
The manufacturer of air conditioners and other electronics items on Saturday reported a consolidated net profit of nearly Rs 134 crore for the fourth quarter of FY26, marking a 15% year-on-year (YoY) increase from the Rs 116 crore net profit reported in the corresponding quarter of the previous financial year. The firm’s revenue from operations meanwhile grew over 10% YoY to Rs 4,148 crore during the quarter under review, as against Rs 3,754 crore in the year-ago period.
