Synopsis: One of India’s largest contract manufacturers of air conditioners and components reported a disappointing Q2FY26 performance, swinging to losses on weak seasonal demand, higher finance costs, and muted profitability across divisions.

Shares of the leading consumer durable manufacturer slumped sharply after the company reported a quarterly loss for the September quarter, weighed down by muted demand in the room air conditioner (RAC) segment and a sequential decline in revenues. Investor sentiment turned negative amid margin compression and subdued order inflows.

Amber Enterprises Ltd opened at Rs. 7,155 against the previous close of Rs. 7,834.15 and hit an intraday low of Rs. 6,737.35, marking a decline of 14 percent. The company currently has a market capitalisation of Rs. 25

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