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This Article is From Nov 09, 2020

Dolat Capital: Amber Enterprises - Pandemic Hit Overall Q2 Performance  

Dolat Capital: Amber Enterprises - Pandemic Hit Overall Q2 Performance  
An employee inspects the indoor unit of a split system air conditioner on an assembly line in a factory in Rajasthan (Photographer Prashanth Vishwanathan/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Amber Enterprises India Pvt Ltd.'s Q2, an offseason quarter, was also impacted by the pandemic.

Sales in Q2 FY21 came in Rs 4.1 billion, down by 35% YoY mainly due to lingering impact of the lockdown while led to Ebitda at 216 million down by 41%/60 basis points YoY decline.

It narrowly missed a loss on account of tax reversal.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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