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APOLLO — Apollo Micro Systems News Story

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India's Apollo Micro Systems slips after quarterly profit falls sequentially

BUZZ-India's Apollo Micro Systems slips after quarterly profit falls sequentially

** Shares of India's Apollo Micro Systems APLL.NS fall 3.4% to 390.10 rupees

** Defence electronics maker reports June-quarter consolidated net profit sequentially declines 28.5% to 269.1 million rupees ($2.83 million)

** Consolidated revenue from operations falls sequentially 14.3% to 2.51 billion rupees

** However, both consolidated net profit and revenue from operations rise Y/Y

** Stock up 43.4% YTD

($1 = 95.2500 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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