Amber Enterprises India Limited has announced its unaudited financial results for Q3FY26 and nine months ended December 31, 2025, demonstrating robust performance across all business divisions. The company reported consolidated revenue of ₹2,943.00 crore for Q3FY26, marking a significant 38% year-on-year growth.

Q3FY26 Financial Performance

The company's quarterly performance showcased strong operational efficiency with operating EBITDA reaching ₹247.00 crore, representing a substantial 53% growth compared to the same quarter in the previous year. Profit After Tax (PAT) stood at ₹84.00 crore before exceptional one-off impairment of investment in Shivalik of ₹94.00 crore, demonstrating a remarkable 128% growth year-on-year.

Nine Months FY26 Consolidated Results

For the nine-month period, Amber Enterprises maintained strong momentum with revenue of ₹8,039.00 crore, reflecting 29% growth over the corresponding period of the previous year. Operating EBITDA for nine months reached ₹608.00 crore with 26% growth, while PAT stood at ₹158.00 crore (before exceptional items), showing 19% growth.

Divisional Performance Analysis

Consumer Durables Division

Despite challenging market conditions in the Room Air Conditioner (RAC) industry, the Consumer Durable division achieved 27% revenue growth in Q3FY26 on a year-on-year basis. The RAC industry has successfully transitioned to revised, higher-efficiency BEE star-rating norms effective January 1, 2026, marking a significant shift toward enhanced energy performance and sustainable cooling solutions.

Electronics Division

The Electronics Division continued its impressive growth trajectory, recording 79% revenue growth in Q3FY26 compared to the same quarter last year. Recent acquisitions including Power-One, Unitronics, and Shogini are accelerating the division's journey toward diversified margin-accretive and value-oriented solutions.

Railway Sub-systems & Defense Division

The Railway Sub-systems & Defense division maintained steady growth with 20% revenue increase in Q3FY26 on a year-on-year basis, supported by healthy order book visibility and an expanding product portfolio.

Strategic Developments and Government Approvals

Amber Enterprises received significant government support with approvals under the Electronics Component Manufacturing Scheme (ECMS) from the Ministry of Electronics and Information Technology. The approvals cover Ascent-K Circuit's HDI PCB application and Shogini Technoarts' multi-layer PCB application, adding to earlier clearance for Ascent's multi-layer PCB application.

Earnings Call and Investor Communication

The company conducted an earnings call with investors and analysts on February 10, 2026 at 10:00 AM IST to discuss the Q3 and 9M FY26 unaudited financial results. As per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings call has been uploaded on the company's website and is accessible to stakeholders.

QIP Proceeds Utilization Update

During Q3FY26, the company utilized ₹14.00 crore from the total QIP proceeds of ₹1,000.00 crore raised in September 2025. The monitoring agency report by CARE Ratings Limited confirms proper utilization with ₹2.15 crore for general corporate purposes and ₹11.85 crore for issue-related expenses, maintaining compliance with regulatory requirements.

Managing Director Daljit Singh expressed confidence in the company's strategic positioning, stating that focused initiatives across all divisions position Amber Enterprises well to enter the next phase of growth, with optimism about outpacing the RAC industry on a full-year outlook.

Amber Enterprises India has received significant legal relief after the Gujarat High Court granted a stay order on a show cause notice concerning duty benefits. The court's decision provides the company with interim protection while the matter remains under judicial review.

Court Proceedings and Stay Order

The Gujarat High Court has issued a stay order that effectively suspends the enforcement of the show cause notice related to duty benefits. This legal development allows Amber Enterprises to continue its operations without immediate regulatory action while the case proceeds through the judicial system.

Financial and Operational Impact

A crucial aspect of the court's decision is that no financial penalties have been found or imposed on the company at this stage. This absence of immediate financial consequences provides Amber Enterprises with breathing room to prepare its defense and present its case comprehensively during future hearings.

Next Steps and Timeline

The stay order remains effective until the next hearing date, which will be scheduled by the Gujarat High Court. During this interim period, Amber Enterprises can continue its business operations without the immediate threat of enforcement action related to the duty benefits matter. The company will need to prepare for the upcoming hearing to address the underlying issues raised in the show cause notice.