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

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.

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