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Apollo Micro Systems has been shortlisted and awarded a Make-II Prototype Sanction Order (PSO) by the Indian Navy, in recognition of the Company`s established capabilities in indigenous Naval Maritime Electronic Warfare.The project pertains to the design, development, and prototype demonstration of the Semi-Submersible Autonomous Vessel for Intelligence, Operations and Reconnaissance (SAVIOR-ASW) under the Make-II category.SAVIOR-ASW is an unmanned, semi-submersible maritime platform designed for persistent Anti-Submarine Warfare (ASW) surveillance, capable of autonomous operations for extended durations using advanced acoustic sensors, AI/ML-based target classification, and encrypted multi-channel communication systems. The system represents a significant step forward in India`s indigenous underwater warfare capability. This is a prestigious and landmark order for the Company marking its formal entry into the domain of autonomous maritime and underwater warfare systems.In accordance with the Make-II category, there is no cost obligation on the Government during the prototype development phase. The Government is committed to procurement upon successful demonstration of the prototype.

Apollo Micro Systems has received orders worth Rs 134.34 crore from DRDO, Indian Navy, Defence PSUs, State Government and Private Industries. Further, IDL Explosives, a step-down subsidiary of the Company has been awarded the work of Rs 55.22 crore executables over a period of two years.

Apollo Micro Systems will hold a meeting of the Board of Directors of the Company on 6 July 2026.

Apollo Micro Systems announced that the Board of Directors of the Company at its meeting held on 18 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Net profit of Apollo Micro Systems rose 168.71% to Rs 37.62 crore in the quarter ended March 2026 as against Rs 14.00 crore during the previous quarter ended March 2025. Sales rose 81.28% to Rs 293.26 crore in the quarter ended March 2026 as against Rs 161.77 crore during the previous quarter ended March 2025.For the full year,net profit rose 100.21% to Rs 112.92 crore in the year ended March 2026 as against Rs 56.40 crore during the previous year ended March 2025. Sales rose 60.89% to Rs 904.32 crore in the year ended March 2026 as against Rs 562.07 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales293.26161.77 81 904.32562.07 61 OPM %23.0722.25 -24.1322.99 - PBDT61.7626.14 136 177.1197.88 81 PBT54.7922.00 149 154.8082.55 88 NP37.6214.00 169 112.9256.40 100 Powered by Capital Market - Live News