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Ideaforge Technology LimitedInvestor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

05-11-2024 · 05:20 pm

ideaForge Technology Limited reported a Q2 FY25 revenue increase to INR 37.1 crore, up from INR 23.7 crore in the previous year, despite negative EBITDA margins due to product mix and competitive pricing. The order book stands at INR 21.5 crore with an L1 pipeline exceeding INR 300 crore, projecting improved future performance. The company is advancing its UAV technology and expanding its Drone-as-a-Service model to enhance operational capabilities and customer reach across various sectors.

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