Apollo Micro Systems shares rise 9% as quarterly net profit jumps 56%
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting a milestone of Rs 388 crore for the September quarter. The notable increase in EBITDA showcases solid operational efficiency in…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong quarterly results in the defence sector, with the shares rising on the news.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Net profit for the second quarter rose 56% year on year.
- 02Revenue increased 72%, reaching Rs 388 crore for the September quarter.
- 03The notable rise in EBITDA points to solid operational efficiency in the defence sector.