ideaForge Back In The Black, Posts ₹60 Cr PAT In Q4

After three consecutive quarters in the red, dronetech company ideaForge regained profitability in the March 2026 quarter (Q4 FY26). The Pune-based company reported a net profit  of ₹59.9 Cr in Q4 FY26 against a net loss of ₹25.7 Cr in the year-ago quarter. It had incurred a loss of ₹33.9 Cr in the previous quarter. 

The improvement in the bottom line came on the back of a robust jump in its operating revenue during the quarter under review. Operating revenue skyrocketed 6X YoY and 3.5X QoQ to ₹141 Cr. Including other income of ₹12.5 Cr, ideaForge’s total income for the quarter stood at ₹153.5 Cr. 

Meanwhile, total expenses for the quarter also spiked 84% YoY to ₹92.8 Cr. The surge in expenses came largely on the back of increased cost of materials consumed during the quarter. This expense jumped 184% YoY to ₹51.1 Cr. 

For the full fiscal year FY26, ideaForge managed to trim its net loss by 73% YoY to ₹17 Cr. Its operating revenue for the fiscal surged 40% YoY to ₹226.1 Cr.

(The story will be updated shortly)

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