Amber Enterprises said on Thursday, June 18, that it has entered into a manufacturing collaboration with Oppo Mobiles India Pvt. Ltd. under which it will manufacture mobile phones for the Oppo, OnePlus, and Realme brands in India.
Under the agreement, Amber Group will undertake the manufacturing of mobile phones for the three brands, combining the brands’ product expertise with Amber’s manufacturing capabilities, local value-addition initiatives, and supply-chain strengths.
The companies said they will work together on a gradual ramp-up of operations and explore additional opportunities for future collaboration.
Amber Group said the partnership forms part of its efforts to expand its manufacturing operations, while Oppo India described the arrangement as leveraging Amber’s manufacturing scale and operational capabilities.
Speaking on the development, Jasbir Singh, Executive Chairman & CEO, Amber Enterprises India Limited, said: “We are excited about this manufacturing collaboration with OPPO India. This collaboration underscores our manufacturing capabilities and our ability to support globally recognised brands with quality, reliability, value addition, and scale.”
Amber Enterprises Q4 FY26 results
Amber Enterprises reported a net profit of ₹134 crore, above CNBC-TV18 poll estimates of ₹129 crore. It was also 15.3% higher than last year’s ₹116.07 crore.
Its revenue increased 10.5% to ₹4,147.52 crore from ₹3,753.7 crore a year earlier. However, it was below Street expectations of ₹4,238 crore.
The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) increased 21.5% to ₹358.23 crore from the previous year’s ₹294.76 crore. It was also above Street estimates of ₹330 crore.
Shares of Amber Enterprises India Limited ended 1.07% higher at ₹7,948.50 on the NSE on June 18, gaining ₹84.50 from the previous close.
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