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01-01-1970 12:00 AM | Source: Accord Fintech
Amber Enterprises India hits rock bottom on reporting 22% fall in Q4 consolidated net profit
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Amber Enterprises India is currently trading at its lower circuit limit of Rs. 2704.90, down by 671.55 points or 19.89% from its previous closing of Rs. 3376.45 on the BSE.

The scrip opened at Rs. 3211.00 and has touched a high and low of Rs. 3211.00 and Rs. 2701.20 respectively. So far 34297 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4023.65 on 02-May-2022 and a 52 week low of Rs. 2685.00 on 26-May-2021.

Last one week high and low of the scrip stood at Rs. 3720.00 and Rs. 2701.20 respectively. The current market cap of the company is Rs. 9113.82 crore.

The promoters holding in the company stood at 40.27%, while Institutions and Non-Institutions held 37.29% and 22.44% respectively.

Amber Enterprises India has reported a fall of 46.59% in its net profit at Rs 32.39 crore for the quarter ended March 31, 2022 as compared to Rs 60.64 crore for the same quarter in the previous year. However, total income of the company increased by 19.10% at Rs 1,565.42 crore for Q4FY22 as compared Rs 1,314.41 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 22.46% in its net profit at Rs 59.30 crore for the quarter ended March 31, 2022 as compared to Rs 76.48 crore for the same quarter in the previous year. However, total income of the company increased by 21.11% at Rs 1,946.07 crore for Q4FY22 as compared Rs 1,606.89 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a fall of 6.71% in its net profit at Rs 48.10 crore as compared to Rs 51.56 crore for the previous year. However, total income of the company increased by 36.32% at Rs 3,170.59 crore for year under review as compared to Rs 2,325.83 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 33.67% in its net profit at Rs 111.32 crore as compared to Rs 83.28 crore for the previous year. Total income of the company increased by 38.39% at Rs 4,239.63 crore for year under review as compared to Rs 3,063.62 crore for year ended March 31, 2021.