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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)
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:

Dolat Capital Amber Enterprises India Q2Y21 Result update.pdf

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