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Apollo Micro Systems Share Price Rises 3.49% on Dec 31, 2024

Updated on: Dec 31, 2024, 4:11 PM IST
Apollo Micro Systems share price opened at ₹108.00 on December 31, 2024, and rose to ₹111.46 by 10:26 AM, marking a 3.49% increase on the NSE.
Apollo Micro Systems Share Price Rises 3.49% on Dec 31, 2024
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Apollo Micro Systems Ltd has been in focus on Tuesday. On December 31, 2024, Apollo Micro Systems share price (NSE: Apollo) opened at ₹108.00, slightly up from its previous close of ₹107.70. At 10:26 AM, the share price of Apollo Micro Systems was trading at ₹111.46, up by 3.49% on the NSE.

Recent Developments

Last week, on December 24, 2024, the company announced that it had received an order worth ₹6.14 crore from the Defence Research and Development Organisation (DRDO).

Q2 and H1 FY 2025 Financial Highlights

In Q2 FY25, the company reported a significant 84.4% year-on-year (YoY) growth in revenue from operations, amounting to ₹1,607.1 million, compared to ₹871.6 million in Q2 FY24. This increase is also reflected in the first half of FY25, where the revenue reached ₹2,519.1 million, showing a 73.9% YoY growth compared to ₹1,448.5 million in H1FY24.

In Q2 FY25, the company reported a 140% YoY growth in Profit After Tax (PAT), amounting to ₹157.3 million, compared to ₹65.6 million in Q2 FY24. This increase is also reflected in the first half of FY25, where the PAT reached ₹241.6 million, showing a 194.2% YoY growth compared to ₹82.1 million in H1FY24.

About Apollo Micro Systems Ltd

Apollo Micro Systems Ltd is involved in the business of design, development, assembly and testing of electronic and electro-mechanical solutions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Dec 31, 2024, 10:53 AM IST

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