Quarterly Result2 Nov 2026, 08:52 pm
ideaForge Reports Highest-Ever H1 Revenue of ~₹160 Cr, Turns PAT Positive
AI Summary
ideaForge Technology Limited announced its unaudited financial results for Q2 and H1 FY27. The company reported its highest-ever H1 revenue of approximately ₹159.9 crore (₹1,599 Million), a 199% YoY growth, and achieved PAT positive status with ₹3.9 crore for H1 FY27. Q2 FY27 revenue grew 124% YoY to ₹91.3 crore, with PAT turning positive at ₹6.5 crore compared to a loss of ₹19.6 crore in Q2 FY26. The company also secured ₹151 crore in RDI funding for its YETI logistics UAV platform and expanded its tactical UAV portfolio with ZOLT hybrid and combat variants. Over 50% of the FY27 opening order book was executed in H1.
Key Highlights
- H1 FY27 revenue reached ₹159.9 crore, up 199% YoY.
- PAT turned positive in H1 FY27 at ₹3.9 crore.
- Q2 FY27 revenue surged 124% YoY to ₹91.3 crore.
- Secured ₹151 crore RDI funding for YETI logistics UAV.
- Expanded ZOLT UAV portfolio with hybrid and combat variants.
Price Impact
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