Business Update15 Jul 2026, 01:37 pm
Apollo Micro Systems Secures ₹1895.65 Million in New Orders
AI Summary
Apollo Micro Systems Ltd has announced securing new orders worth INR 1343.45 Million from various clients including DRDO, Indian Navy, Defence PSUs, State Government, and Private Industries. Additionally, its step-down subsidiary, IDL Explosives Limited, has been awarded work valued at INR 552.20 Million, to be executed over two years. These orders represent significant business wins for the company and its subsidiary, bolstering their order book and future revenue prospects.
Key Highlights
- Company awarded orders totaling INR 1343.45 Million.
- Subsidiary IDL Explosives secures INR 552.20 Million in new work.
- Orders received from diverse clients including defence and government entities.
- Total new business secured amounts to INR 1895.65 Million.
- These wins are expected to contribute positively to future revenue.
Price Impact
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