Defence Stock Q1 Results: Aerospace and defense company Apollo Micro Systems Limited has announced its quarterly results. According to exchange filings, the company’s consolidated net profit increased by 409 percent in the June quarter of the current financial year. While the company’s revenue has jumped 58.09 percent in the first quarter. Due to strong results, the defense stock climbed 8 percent to 120.10 levels during trading.
Defence Stock Q1 Results: 409% jump profits
According to information given to the stock market, the consolidated profit of defense company Apollo Micro Systems increased from Rs 1.65 crore to Rs 8.48 crore in the first quarter of FY25. On an annual basis, profit recorded a jump of 409 percent. At the same time, the company’s revenue jumped from Rs 57.69 crore to Rs 91.20 crore in the June quarter. Revenue has increased by 58 percent.
Apollo Micro Systems Dividend Record Date
According to an exchange filing, the board of directors of the defence company has announced the record date for the final dividend for the financial year 2023-24. The board has set the record dividend for FY23-24 at 20th September 2024. Hyderabad-based AMSL provides technology-based solutions in infrastructure, transportation, aerospace, and defence, among other sectors.
Apollo Micro Systems Share History
Defence stock has given shareholders a multibagger return of 710 per cent in 2 years. The stock’s 52-week high is 161.75 and the low is 52.05. The company’s market cap is Rs 3,523.10 crore. The stock has gained more than 90 per cent so far this year. The stock has jumped 850 per cent in the last three