Shares of Apollo Micro Systems Ltd are in action on Monday as the company reported strong quarterly results. The scrip started the trading session in the red at Rs 169.20 against the previous close of Rs 170 on the BSE. However it bounced back and touched a high of Rs 173.50 a gain of 2.09 per cent from the closing price of the last trading session. On the NSE the counter opened flat at Rs 169.94 and hit the intraday high and low of Rs 173.45 and Rs 168.65 respectively. Quarterly Results According to the exchange filing the company has recorded 46% year-on-year reaching ₹1335.8 million compared to ₹912.0 million in Q1 FY25. On the profitability front companys EBITDA (excluding other income) increased by 83% to ₹409.4 million up from ₹223.7 million in the same quarter last year. The EBITDA margin improved by 600 basis points reaching a new high of 31% as compared to 25% in Q1 FY25 underscoring the strength of our operating leverage and execution efficiency. This performance also translated into robust bottom-line growth. The Profit After Tax (PAT) more than doubled registering a 110% year-on-year increase to ₹176.8 million compared to ₹84.3 million in Q1 FY25. The PAT margin expanded by 400 basis points improving to 13% from 9% year-onyear and quarter-on-quarter. Raises Over Rs 416 crore Via Equity Shares Warrants Earlier the company announced the completion of its preferential allotment of equity shares and convertible warrants raising a total of over Rs 416 crore. In a statement the company said the preferential issue involved 2.70 crore equity shares allotted at Rs 114 each aggregating to Rs 308 crore along with 3.80 crore convertible equity warrants issued at the same price with 25 per cent upfront subscription aggregating to Rs 108.5 crore in initial proceeds. With PTI inputs