Consumer durables and electronics fuel performance

Company
26 Nov 2024
5 Min read 
  • Prerit Jain and Harsh Tewaney from Motilal Oswal provided an update on Amber Enterprises on 23 October 2024.
  •  The company's 2QFY25 results showed strong performance in the consumer durables and electronics segments.
  •  Revenue and EBITDA for the company jumped 82% and 91% YoY for 2QFY25.
  •  The consumer durables segment benefited from strong AC demand and diversifying offerings into washing machines.
  •  The electronics segment is on a higher growth trajectory, with a focus on PCB assembly and PCB manufacturing.
  •  The railway sub-systems and mobility segment may remain weak in the near term, but improvement is expected from FY26 onwards.
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