ideaForge Technology Shares Slide 5% After Q1 Gross Profit Margin Falls 49%

ideaForge Technology shares slide 5% after Q1 gross profit margin falls 49%

ideaForge Technology shares fell after its Q1 gross profit margin declined to 49% from 62% a year ago and 68% in the previous quarter. Gross profit rose to Rs 33.6 crore and revenue increased to Rs 68.6 crore, while EBITDA turned positive at Rs 4.3 crore.

ideaForge reports INR 68.6 Cr Q1 FY27 revenue with positive EBITDA; targets execution of FY27 opening order book by Q3 - Business News Week

Mumbai, Aug 11: ideaForge Technology Limited (the Company), the pioneer and pre-eminent market leader in the Indian unmanned aircraft systems (UAS) market, today announced its audited financial results for the quarter ended June 30, 2026. The company recorded revenue from operations of ₹68.6 crore during the quarter while executing over 20% of its FY27 opening order book. Global supply chain disruptions and component availability continue to […]…

ideaForge Slips Into The Red In Q1, Reports ₹2.3 Cr Loss

Barely a quarter after reporting profits, dronetech major ideaForge once again slipped into the red in the June 2026 quarter (Q1 FY27). The company reported a net loss of ₹2.3 Cr, down over 90% from the ₹23.5 Cr loss in the previous year quarter. In contrast, the drone tech startup had registered a net profit of ₹61 Cr in Q4 FY26. The loss came despite ideaForge’s operating revenue growing multifold by 436% to ₹68.6 Cr in Q1 FY27 from ₹12.8 Cr i…