APOLLO MICRO SYSTEMS GETS DEFENSE ELECTRONICS ORDERS WORTH Rs 213.39 CRORE
Defense company APOLLO is continuing it's order momentum, with a new orders worth Rs 213.39 crore from the Defence Research and Development Organisation (DRDO), defence PSUs, and private players, thereby strengthening it's order pipeline. The company's consolidated order book has reached Rs 1,704 crore as of Aug26.
On the financial side, it's Q1FY27 revenue rose 88% year-on-year to Rs 251 crore, and net profit increased 42% year-on-year to Rs 25.2 crore. Meanwhile, FIIs have been showing confidence in the company as they have increased stake from 3.63% in Mar26 to 7.59% in Jun26.
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