Apollo reported record-breaking performance driven by defense indigenization, yet consolidated margins are temporarily dampened by the transition of loss-making subsidiary Ideal Explosives.
Apollo Micro Systems achieved record Q1 FY27 results with consolidated revenue of INR 251 Cr, up 88% YoY. Strategy focuses on indigenous defense manufacturing and backward integration via the INR 1,550 Cr Premier Explosives acquisition.
Apollo Micro Systems reported strong Q1FY27 results with consolidated revenue of INR 2512.9M (+88.1% YoY) and PAT of INR 252.2M (+42.6% YoY), driven by a transition toward becoming a global defense OEM.