ideaForge Technology Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a board meeting held on April 30, 2026. The company reported a consolidated revenue from operations of INR 1,410.43 Million for the quarter ended March 31, 2026, marking a significant increase of approximately 347.12% compared to INR 315.45 Million in the previous quarter (Q3 FY26) and a 594.45% increase compared to INR 203.10 Million in the corresponding quarter of the previous year. Consolidated profit after tax for the current quarter stood at INR 599.93 Million, a substantial recovery from a loss of INR 338.53 Million in the previous quarter and a loss of INR 257.07 Million in the same quarter last year.

Financial Result AnalysisQuarter ended Mar 31, 2026 (INR Million)% Increase/Decrease (QoQ)% Increase/Decrease (YoY)
Revenue from Operations1,410.43347.12%594.45%
Profit After Tax599.93277.22% (Increase)333.37% (Increase)

ideaForge Technology Limited is a prominent Indian manufacturer and marketer of Unmanned Aerial Vehicle (UAV) systems primarily used for security and surveillance. Headquartered in Navi Mumbai, the company operates in a single operating segment focused on high-tech drone technology. During the board meeting, the company also confirmed the re-appointment of M/s. GMJ & Co. as Internal Auditors and M/s. Ramanand & Associates as Tax Auditors for the financial year 2026-27. Additionally, the Board approved the proposal to convene its 19th Annual General Meeting on August 5, 2026.

Leave a Reply

Quote of the week

Do not save what is left after spending; instead spend what is left after saving

~ Warren Buffett

Designed with WordPress

Discover more from Investeepedia

Subscribe now to keep reading and get access to the full archive.

Continue reading