The company further informed that it has been declared the lowest bidder for orders worth Rs 5.97 crore from Ministry of Defence.
Apollo Micro Systems is engaged in design, development and assembly of custom built electronics and electro-mechanical solutions. The company caters to aerospace, defense & space, railways, automotive and homeland security markets.
The company's consolidated net profit jumped 83.33% to Rs 18.26 crore on a 62.46% increase in sales to Rs 148.39 crore in Q3 FY25 as compared with Q3 FY24.