Ideaforge Technology Limited — Updates, 22-07-2025: Press Release
22-07-2025 | 08:57 pm
22-07-2025 | 08:57 pm
ideaForge Technology reported Q1 FY26 financial results with a revenue of ₹12.78 Cr and a PAT of ₹-23.56 Cr. Notably, gross profit margin significantly improved to 61.7%. The company secured a major ₹137 Cr emergency procurement order from the Indian Army, boosting its order book to ₹144.8 Cr. Their UAVs proved effective in Operation Sindoor. A strategic collaboration with HFCL aims for global market access. Government initiatives, including ₹40,000 Cr for emergency procurement and a ₹1 lakh Cr RDI Fund, are strong industry tailwinds.
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