Apollo Micro Systems Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Apollo Micro Systems Ltd reported a 7.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 62.6%.
- Its expenses for the quarter were down by 11.3% QoQ and up 59.0% YoY.
- The net profit increased 16.0% QoQ and increased 83.1% YoY.
- The earnings per share (EPS) of Apollo Micro Systems Ltd stood at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 149.37 | 161.30 | 91.84 | -7.4% | 62.6% |
Total Expenses | 123.19 | 138.84 | 77.47 | -11.3% | 59.0% |
Profit Before Tax | 26.19 | 22.46 | 14.37 | 16.6% | 82.3% |
Tax | 7.95 | 6.73 | 4.41 | 18.1% | 80.3% |
Profit After Tax | 18.24 | 15.73 | 9.96 | 16.0% | 83.1% |
Earnings Per Share | 0.60 | 0.50 | 0.40 | 20.0% | 50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Apollo Micro Systems Ltd is a company engaged in the business of designing, developing, and manufacturing electronics and electronic systems. It primarily caters to the defense, aerospace, and homeland security sectors. The company is known for providing customized solutions in the areas of mission and time-critical projects, which include a broad spectrum of complex systems such as avionics, radar, and naval systems. There are no recent major developments available in the context of this report, as the focus is on the financial performance for the specific periods.
Revenue
For the third quarter of fiscal year 2025 (Q3FY25), Apollo Micro Systems Ltd reported a total income of ₹149.37 crores. This figure represents a decrease of 7.4% compared to the second quarter of fiscal year 2025 (Q2FY25), where the total income was ₹161.30 crores. However, when compared to the third quarter of fiscal year 2024 (Q3FY24), there is a significant increase of 62.6%, with the previous year’s income being ₹91.84 crores. The year-over-year growth highlights a strong improvement in revenue generation, despite the quarter-over-quarter decline.
Profitability
The profit before tax for Q3FY25 stood at ₹26.19 crores, marking an increase of 16.6% from the previous quarter's profit before tax of ₹22.46 crores. When compared to the same period in the previous year, there is a substantial year-over-year growth of 82.3%, from ₹14.37 crores in Q3FY24. The profit after tax for Q3FY25 was ₹18.24 crores, which is a 16.0% increase from Q2FY25’s figure of ₹15.73 crores, and an 83.1% increase from Q3FY24’s ₹9.96 crores. The earnings per share (EPS) also increased to ₹0.60 in Q3FY25, up from ₹0.50 in Q2FY25 and ₹0.40 in Q3FY24, indicating improved profitability on a per-share basis.
Operating Metrics
Total expenses for Q3FY25 were ₹123.19 crores, reflecting an 11.3% decrease from Q2FY25’s expenses of ₹138.84 crores. Compared to Q3FY24, total expenses increased by 59.0% from ₹77.47 crores. The tax expense for Q3FY25 was ₹7.95 crores, which is an 18.1% increase from the previous quarter's tax of ₹6.73 crores, and an 80.3% increase from the ₹4.41 crores in the same quarter last year. These changes in expenses and tax highlight the company's expenditure control and tax obligations, correlating with its profitability metrics.
