Apollo Micro Systems Q2 FY27 Profit Rises 54% YoY

Q2 FY27 profit and revenue growth

Apollo Micro Systems Ltd reported consolidated profit after tax of ₹46.15 crore for the quarter ended 30 September 2026, compared with ₹30.03 crore in the same quarter a year earlier. The increase represents year-on-year growth of about 53.7%. Consolidated revenue from operations rose 72.3% to ₹388.15 crore from ₹225.26 crore in Q2 FY26. The results were announced after the company’s board meeting on 24 October 2026.

Total income crosses ₹390 crore

Total consolidated income for Q2 FY27 stood at ₹391.69 crore, against ₹226.57 crore in the corresponding quarter of the previous year. The difference between total income and revenue from operations was ₹3.54 crore in the latest quarter. The company reported the financial results as unaudited. Its Audit Committee reviewed and recommended the results before the Board of Directors approved them.

Expenses rise alongside operations

Total consolidated expenses increased to ₹299.21 crore in Q2 FY27 from ₹183.42 crore in Q2 FY26. The higher expense base came alongside the increase in revenue and total income. Profit after tax nevertheless rose by ₹16.12 crore from the year-ago quarter. Based on the reported figures, total income less total expenses was ₹92.48 crore before the items that lead to the final reported profit figure.

Earnings per share improves

Consolidated basic earnings per share for Q2 FY27 was ₹1.32, compared with ₹0.96 in Q2 FY26. Diluted earnings per share also stood at ₹1.32, up from ₹0.91 a year earlier. The improvement in per-share earnings accompanied the increase in quarterly consolidated profit. EPS is a key reported measure for shareholders because it shows the profit attributable per share over the stated period.

Half-year profit reaches ₹71.37 crore

For the six months ended 30 September 2026, Apollo Micro Systems reported consolidated profit after tax of ₹71.37 crore. This was 49.6% higher than ₹47.71 crore reported in the corresponding six months of the prior financial year. Consolidated revenue from operations for the first half rose to ₹639.44 crore from ₹358.85 crore. The half-year numbers include the company’s first-quarter and second-quarter performance.

Key consolidated financial figures

Subsidiaries included in results

The consolidated results include Ananya SIP RF Technologies Private Limited and Apollo Defence Industries Private Limited. Apollo Micro Systems holds 51% in each of these subsidiaries, according to the company’s disclosure. Consolidated reporting combines the financial performance of the parent and its subsidiaries in line with applicable accounting requirements. Investors comparing standalone and consolidated figures should therefore account for the contribution of these entities.

Context from the first quarter

The company had reported revenue of ₹251.29 crore for Q1 FY27 in the provided first-quarter summary. That figure was 14.31% lower sequentially than ₹293.26 crore, while being 88.12% higher year-on-year. The same summary listed net profit of ₹25.21 crore, down 31.48% sequentially from ₹36.79 crore but 42.59% higher from the comparable previous-year period. The reported Q2 consolidated revenue of ₹388.15 crore was higher than the Q1 revenue figure cited in that summary.

Order book and business visibility

The company’s disclosed Q1 information said its consolidated order book rose to ₹1,704 crore in Q1 FY27 from ₹735 crore in Q1 FY26. It comprised around ₹1,224 crore of standalone orders and ₹480 crore linked to IDL Explosives, according to the provided data. An order book represents orders received that are pending execution and revenue recognition. It does not, by itself, represent revenue booked in the quarter or a guarantee of future financial performance.

Market relevance of the quarterly update

The Q2 update gives investors a current view of Apollo Micro Systems’ consolidated revenue, profitability, expenses and per-share earnings. Revenue growth outpaced the growth in expenses on the reported year-on-year comparison, while profit after tax and EPS also increased. The company did not provide an outlook, new guidance, or a share-price reaction in the supplied disclosure. As a result, the reported financial figures and order-book data remain the main factual indicators available from this update.

Board approval and next disclosures

Apollo Micro Systems said the Board of Directors approved the unaudited standalone and consolidated results for the quarter and half-year ended 30 September 2026. The board also took note of the limited review reports for both sets of financial statements. The company had previously said its June-quarter investor presentation would be used at an analyst and institutional investor meeting scheduled for 29 September 2026. Future company disclosures and regulatory filings will provide the next formal updates on operations and financial performance.