Hyd-based Apollo Micro Systems Ltd Q4 net profit grows 8 per cent to Rs 14 crore
AMSL had posted a net profit of Rs 12.9 crore in the January-March period of 2023-24, the company said in a statement. AMSL's operational revenues increased by 19 per cent to Rs 161.7 crore from Rs 135.4 crore in Q4 FY24
New Delhi: Apollo Micro Systems Ltd (AMSL) on Saturday reported an 8 per cent year-on-year rise in consolidated net profit to Rs 14 crore for the March quarter, driven by higher operational revenues.
It had posted a net profit of Rs 12.9 crore in the January-March period of 2023-24, the company said in a statement. AMSL’s operational revenues increased by 19 per cent to Rs 161.7 crore from Rs 135.4 crore in Q4 FY24.
Its MD, Baddam Karunakar, said: “FY25 has been a landmark year for the company, marking our strongest performance to date. We achieved a milestone with revenue, reaching Rs 562.07 crore, representing a robust 51.24 per cent year-on-year growth. EBITDA stood at Rs 132 crore, reflecting a 54 per cent increase YoY, with a healthy EBITDA margin of 23.50 per cent”.
This is a result of the company’s robust order book, successful execution of strategic defence programmes, and seamless transition of several high-value products into the production phase, he added. Hyderabad-based AMSL offers technology-based solutions in sectors like infrastructure, transportation, aerospace and defence, among others.
