Apollo Micro shares jump 9% after Q2 results and guidance reiterated
Apollo Micro Systems reported second-quarter profit after tax of ₹46 crore, up 53.3% from ₹30 crore a year earlier, and revenue of ₹388 crore, up 72.4% from ₹225 crore. Shares gained 9%.
Shares of Apollo Micro Systems Ltd. gained on Monday, October 26, after the company reported a positive set of earnings in the second quarter.The company's profit after tax (PAT) increased by 53.3% to ₹46 crore from ₹30 crore last year.Its revenue of ₹388 crore was up 72.4% from ₹225 crore in the p…