Apollo Micro Systems Limited has informed the Exchange about General Updates

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

APOLLO · price

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AI summary

Apollo Micro Systems has announced receiving fresh orders worth Rs. 510.25 million (approx. Rs. 51 crore). Of this, Rs. 174.78 million comes from the Ministry of Defence and Rs. 95.28 million from Public Sector Defence Undertakings, together accounting for about 53% of total orders. The remaining Rs. 240.18 million comes from private companies. The company clarified this is in the ordinary course of business and disclosed the update for shareholder information.

Likely market impact

The order book addition of over Rs. 51 crore, with majority from government/defence sources, is a positive signal for the company's revenue visibility, especially given Apollo's positioning in defence electronics and systems.