The defence firm mentioned that it has gained an order for the event of a sophisticated avionics system meant to be used in civil and army plane purposes.
Shares of #Hyderabad-based Apollo Micro Systems Ltd (AMSL) surged round 18 per cent in the present day, i.e. on May 28, 2025, even because the broader market stays risky. The counter opened at Rs 157.15 on the BSE towards the earlier shut of Rs 155.80. However, the counter surged 17.84 per cent to the touch the intraday excessive of Rs 183.60. Last seen, the counter held firmly in inexperienced at Rs 180.40 with a achieve of 15.79 per cent. The sharp surge comes as the corporate has knowledgeable exchanges concerning the new order win.
The counter has been gaining for the final three days and has risen 29.5 per cent within the interval. While the general defence sector is performing nicely, the inventory has outperformed it by 12.83 per cent.
Development Of Avionic System
The defence firm mentioned that it has gained an order for the event of a sophisticated avionics system meant to be used in civil and army plane purposes.
Avionic programs are digital programs utilized in plane for communication, navigation, and management.
“Apollo Micro Systems Limited, in the ordinary course of its business, has received an export order valued at USD 13,366,500 (equivalent to approximately Rs 113.81 crores) for the development of an Avionic System,” the corporate mentioned in a submitting in the present day.
Quarterly Results
Earlier, the corporate on Saturday reported an 8 per cent year-on-year (YoY) rise in consolidated internet revenue. According to an alternate submitting, the corporate’s internet revenue within the quarter underneath concern is Rs 14 crore. It had posted a internet revenue of Rs 12.9 crore in the identical quarter a yr in the past. The surge in revenue has been attributed to greater operational revenues.
AMSL’s operational revenues elevated by 19 per cent to Rs 161.7 crore from Rs 135.4 crore in This fall FY24.
The firm’s EBITDA stood at Rs 132 crore, reflecting a 54 per cent improve YoY, with an EBITDA margin of 23.50 per cent.
The #Hyderabad-based firm gives technology-based options in sectors like infrastructure, transportation, aerospace and defence, amongst others.
(This article is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)
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