India's Apollo Micro Systems gains on four-fold surge in Q1 profit

Apollo Micro Systems

09/08/2024 07:41

** Shares of Apollo Micro Systems  APLL.NS  rise 6.1% to
117.5 rupees
    ** Electronics components manufacturer reported over a
four-fold surge in Q1 consolidated net profit to 84.3 mln rupees
($1 mln)
    ** Rev from ops up 58% Y/Y
    ** More than 6.7 mln shares change hands, 2.1x its 30-day
avg
    ** Stock up 10% so far this qtr



($1 = 83.8900 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))