Q4 Results: This defence stock announces dividend - Check amount and other details

Apollo Micro Systems Results Q4 2024: Aerospace and defence firm Apollo Micro Systems has announced its earnings for the fourth quarter ended March 31, 2024. The company, in an exchange filing, said that its net standalone profit stood a Rs 13.1 crore against the Rs 7.5 crore reported in the same quarter a year ago. The company also said that its revenue from operations in the fourth quarter was Rs 135.4 crore against Rs 106.8 crore in the same quarter of last financial year.

Apollo Micro Systems Dividend 2024

The Hyderabad-based company has also announced a final dividend of 5 per cent per equity share for the financial year 2024. This translates into Rs 0.05 per share of face value Re 1.

"Considered the recommendation of Final Dividend at the rate of 5% (0.05 paise) per equity share of Re 1 each fully paid-up of the Company for the Financial Year 2023-24, subject to the approval of the Members at the forthcoming Annual General Meeting of the Company," a statement by the company read.

Apollo Micro Systems Share Price History

The stock has given a multibagger return of 249 per cent in one year and a staggering 829 per cent in two years. The company has turned investors wealthier by 964 per cent in three years.

The counter had closed at Rs 113 apiece during the special trading session on Saturday. The company, which has a market cap of Rs 3,190.66 crore, has a 52-week high of Rs 161.75 and a 52-week low of Rs 32.15.