Reply to Clarification- Financial results

Apollo Micro Systems Limited (CIN: L72200TG1997PLC026556) Registered office: Plot No. 128/ A, Road No. 12, BEL Road, IDA Mallapur, Hyderabad -500076, Telangana. Email: cs@apollo-micro.com; Website: www.apollo-micro.com Tel No: 040-27167000, Fax : 040-27150820 STANDALONE UNAUDITED FINANCIAL RESULTS FOR TIIE QUARTER ENDED 30 JUNE 2026 All amounts in lakhs except otherwise stated Quarter ended Year ended SI. Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 No. (unaudited) (Audited) (unaudited) (Audited) 1 2 3 4 5 6 1 Income (a) Revenue from operations 15,589.44 20,522.18 13,358.31 76,485.32 (b) Other Income 735.83 840.59 134.74 1,733.71 Total Income (a+b) 16,325.27 21,362.77 13,493.05 78,219.03 2 Expenses (a) Cost of materials consumed 11,767.29 15,829.60 10,100.84 59,246.52 (b) Changes in inventories of finished goods, work-in- progress and Stock-in-Trade (2,426.59) (3,358.08) (1,902.27) (9,520.40) (c) Employee Benefit Expenses 811.14 801.27 572.46 2,688.95 (d ) Financial costs 931.93 825.01 1,002.21 3,710.46 (e) Depreciation and amortization expenses 570.39 512.53 448.77 1,948.88 (f) Other Expenses 600.87 1,209.79 488.78 2,681.93 Total Expenses (a+b+c+d+e+f) 12,255.04 15,820.14 10,710.80 60,756.34 3 Profit before exceptional items & tax (1-2) 4;070.22 5,542.63 2,782.26 17,462.69 4 Exceptional items - - - - 5 Profit before tax (3-4) 4;070.22 5,542.63 2,782.26 17,462.69 6 Tax Expense: (a) Current tax 535.45 1,530.82 565.85 3,709.06 (b) Earlier tax adjustments - 44.57 - 90.73 (c ) Deferred tax 751.39 222.52 273.85 1,605.01 Total Tax Expense (a+b) 1,286.84 1,797.90 839.70 5,404.81 7 Profit after tax (5-6) 2,783.38 3,744.73 1,942.56 12,057.88 8 Other Comprehensive income/ (loss) i) Items that will not be reclassified to profit or loss (a) Re-measW'ement gains/ (losses) on defined benefit plan - (6.30) - 14.92 (b) Income tax effect - 1.84 - (4.34) ii) Items that will be reclassified to profit or loss (a) Re-measurement gains/ (losses) on defined benefit plan - - - - (b) Income tax effect - - - - Total other comprehensive income (net of tax) (a+b) - (4.47) - 10.58 9 Total comprehensive income (7+8) 2,783.38 3,740.26 1,942.56 12,068.46 10 Paid up equity share capital (FV Rs.1/-each) 3,716.00 3,572.92 3,335.32 3,572.92 11 Other equity 128,660.42 12 Earnings per share in Rupees (FV Rs.1/-each) (not annualised) (not annualised) (not annualised) (a nnualised) (a) Basic EPS 0.77 1.11 0.62 3.57 (a) Diluted EPS 0.77 1.10 0.60 3.53 For Apollo Micro Systems Limited (,tt1//# I Karunakar Reddy Baddam Raghupathy Goud Theegala Managing Director Chairman UlN: UU'/90139 DIN: 07785738 Place: Hyderabad Date: 8 August 2026 Notes to Standalone Unaudited Financial Results for the quarter ended 30 June 2026. 1. The above unaudited financial results of the Apollo Micro Systems Limited ('the Company') have been prepared in accordance with the Indian Accounting Standards (IND AS) as prescribed under section 133 of the Companies Act, 2013 ('the Act') read with Companies (Indian Accounting Standard) Ru]es, 2015, as amended. 2. The above financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 8 August 2026. The Statutory Auditors of the Company have carried out a limited review of the financial results for the quarter ended 30 June 2026. 3. The Company operates in only one segment, namely electromechanical components and systems and allied components and services. Hence segmental reporting as per Ind AS 108 is not presented. 4. During the quarter ended 30 June 2026, the balance 1,43,07,072 share warrants, which were outstanding and pending for conversion into equity shares as at 31 March 2026, were converted into an equivalent number of equity shares of face value of Rs.1/- each, fully paid, at the conversion price ofRs.114/-per share. Consequently, all 3,80,67,058 share warrants issued by the Company on 2 June 2025 have been converted into an equivalent number of equity shares, and no share warrants remained outstanding for conversion as at 30 June 2026. 5. The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures for the full financial year ended 31 March 2026 and the unaudited published year-to date figures up to 31 December 2025, being the end of tpe third quarter of the financial year, which were subjected to a limited review. 6. The Earnings Per Share (EPS) of Apollo Micro Systems Limited for the quarter is not strictly comparable on a QoQ and Yo Y basis, as the weighted average number of equity shares outstanding increased following the allotment of shares on preferential offer basis from 33,35,32,454 shares as on 30 June 2025 to 37,15,99,512 shares as on 30 June 2026. It is noteworthy, however, that despite this increase in quantum of over I I% in the equity base, the Company's EPS has improved over the corresponding periods, reflecting that the growth in profitabi1ity has more than outpaced the increase in share capital a clear indicator of accretive, earnings-led growth. 7. The said Financials results are also available on the website of stock exchange www.bseindia.com and www.nseindia.com and on the company's website www.apollo micro.com under section "Investors". For and on behalf of the Board of Directors of Apollo Micro Systems Limited vu1!IJI / Karunakar Reddy Baddam Raghupathy Goud Theegala Managing Director Chairman DIN: 00790139 DIN: 07785738 Place: Hyderabad Date: 8 August 2026 0 \ S.T. Mohite & Co., Chartered Accountants G5,B-Block, Paragon Venkatadri Apts, 3-4-812, IND I A Street No.1, Barkatpura, Hyderabad, T.G. -500027, India. Cell :9848994508,9290285566 Email : stmohiteandco@stmohite.onmicrosoft.com Independent Auditor's Limited Review Report on Unaudited Standalone Financial results for the Quarter ended 3()th June 2026 of Apollo Micro Systems Limited pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors Apollo Micro Systems Limited 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results {'the statement') of M/s. Apollo Micro Systems Limited ('the Company') for the Quarter ended 30th June 2026, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors on 08 August 2026, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard {Ind AS) 34 on "Interim Financial Reporting", prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accomp [Showing first 8,000 characters — download PDF for full document]