Apollo Micro Systems Wins Defence Order Worth ₹257.89 Million
Apollo Micro Systems has emerged as the lowest bidder (L1) for a defence order awarded by a Public Sector Undertaking (PSU), reinforcing its position in the defence electronics space.
Key Highlights
Order value: ₹257.89 million
Customer: Public Sector Undertaking
Bid status: L1 (Lowest bidder)
Execution timeline: 18 months
Why this matters
Strengthens Apollo Micro Systems’ defence order book
Improves revenue visibility over the medium term
Highlights the company’s growing role in indigenous defence electronics
Investor takeaway
Steady order wins from defence PSUs support long-term growth visibility. Timely execution and margin performance will be key factors to track going forward.
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