Apollo Micro Systems Ltd receives new orders worth INR 733.26 Million

Apollo Micro Systems Limited (the "Company"), in the ordinary course of its business, has received significant orders from defence and government entities as well as private sector companies.

1. Defence Research & Development Organisation (DRDO) - INR 150.03 Million
2. Defence Public Sector Undertaking (DPSU) - INR 434.96 Million
3. Private Companies - INR 139.55 Million
4. Other Government Departments (L1 Position) - INR 8.72 Million

The cumulative value of all orders received by the Company amounts to INR 733.26 Million (Rupees Seventy-Three Crores Thirty-Two Lakhs and Sixty Thousand only).

The orders include critical Homing systems for Heavy Weight Torpedoes, Fire Control Systems, Launchers for Strategic Missile Programmes, other Avionic LRU's for Missile and other Platforms, Cyber Security Systems for Intelligence Department.

Source : Equity Bulls

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