Apollo Micro Systems Reports Strong Q3 Growth Amid Rising Interest Costs

Apollo Micro Systems has recently reported its financial results for the quarter ending December 2024, showcasing notable developments within the company. The evaluation changes reflect a score adjustment, moving from 35 to 30 over the past three months. The financial data reveals a strong performance in several key areas. Profit Before Tax less Other Income (PBT) reached Rs 25.21 crore, marking an impressive year-on-year growth of 81.76%. Similarly, Profit After Tax (PAT) stood at Rs 18.26 crore, also demonstrating significant growth of 83.3% year-on-year. Net Sales for the quarter amounted to Rs 148.39 crore, reflecting a robust increase of 62.46% year-on-year. Additionally, Operating Profit (PBDIT) hit a five-quarter high at Rs 37.95 crore, indicating a positive trend in operational efficiency. However, the company is facing challenges as well. Interest expenses rose to Rs 8.76 crore, the highest in the last five quarters, indicating increased borrowing costs. Overall, Apollo Micro Systems' recent financial results highlight a mix of strong growth metrics alongside rising interest costs, leading to a revision in its score. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.