Amber Enterprises has declared their Q3 earnings with weak bottom line growth. The industry has grown by 9.7 percent in the first nine months of FY18 whereas Amber has delivered 28 percent in the same period.

"We have grown substantially. In air-conditioner business, normally Q3 is the leanest quarter, so we are moving in tandem with the industry", said Jasbir Singh, Chairman and CEO of Amber Enterprises.

Hinting at an industrial growth of 12-13 percent in 2018, Singh stated that Amber had always outnumbered the industry.

"Company’s recent acquisition is to improve customer and product profile. It will add Rs 500-550 crore to the top line", he further added.

First Published:Mar 13, 2018 10:01 AM IST