Operating EBITDA increased 30% year on year to Rs 127 crore from Rs 98 crore. However, the operating EBITDA margin declined to 4.8% from 5.9% a year earlier. Margins were impacted due to commodity inflation, foreign currency fluctuation, minimum wage revision and Sri City new plant cost which is under ramp-up phase.

The company reported an adjusted net loss of Rs 57 crore, compared with Rs 32 crore in Q2 FY26. Pre-tax loss was at Rs 87 crore compared with a loss of Rs 48 crore.

Gross profit increased 46% year on year to Rs 494 crore from Rs 338 crore. However, gross profit margin declined to 18.8% from 20.5%.

Total expenses increased 61.4% year on year to Rs 2,500 crore. Raw material consumption rose 63% to Rs 2,134 crore, while employee expenses increased 75.6% year on year to Rs 158 crore from Rs 90 crore. Depreciation and amortisation rose 61.4% to Rs 113 crore from Rs 70 crore, while finance costs climbed 23.4% to Rs 95 crore from Rs 77 crore.

On the divisional front, the Consumer Durables division recorded 41% year-on-year revenue growth. The Electronics division reported 94% growth, while the Railway Sub-systems and Defence division registered 15% growth.

For H1 FY27, operating cash flow remained negative at Rs 533 crore, compared with a negative Rs 772 crore in the corresponding period last year. Cash generated from operations before working capital changes was Rs 434 crore, while changes in working capital resulted in an outflow of Rs 895 crore.

Amber Enterprises India is a diversified B2B manufacturing solutions provider with operations across consumer durables, electronics, and railway subsystems & defence. It has evolved from a room air conditioner manufacturer into an integrated solutions provider, offering products such as air conditioners, electronic manufacturing services, printed circuit boards, power electronics, industrial automation, railway HVAC systems and precision cooling solutions. The company serves domestic and global customers across multiple industries and continues to expand its manufacturing capabilities and backward integration.