Quarterly Result10 Aug 2026, 08:31 pm
ideaForge Q1 FY27 Revenue ₹68.6 Cr, Positive EBITDA
AI Summary
ideaForge Technology Ltd reported Q1 FY27 revenue of ₹68.6 crore with positive EBITDA, executing over 20% of its FY27 opening order book. The company raised ₹500 crore via QIP and secured a Letter of Intent for up to ₹151 crore for its YETI logistics platform. Despite global supply chain challenges, ideaForge aims to deliver its FY27 opening order book by Q3. The company also achieved a milestone of one million customer flights and secured DGCA Type Certification for the Q6 V2 GEO UAV. CEO Ankit Mehta highlighted progress in combat drone capabilities and targeting large defense procurement opportunities.
Key Highlights
- Q1 FY27 revenue at ₹68.6 Cr with positive EBITDA.
- Completed ₹500 Cr QIP with strong investor participation.
- Secured LoI for ₹151 Cr RDI funding for YETI logistics platform.
- UAV fleet crossed one million customer flights milestone.
- Progress on combat drone capabilities and targeting defense opportunities.
Price Impact
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