Quarterly Updates28 Oct 2025, 08:44 pm
Ideaforge Technology Reports Q2 FY26 Performance: Expanding Order Book, Highlights Value of Strategic Indigenous Innovation
AI Summary
Ideaforge Technology, the leading Indian unmanned aircraft systems (UAS) market player, has announced its unaudited Financial Results for the Quarter ended 30th September 2025. The company's Q2 FY26 Financial Performance Snapshot shows a revenue of INR 407.6 Mn and a gross profit of INR 203.9 Mn. Key financial highlights include a 50.0% gross profit percentage and a -19.6% EBITDA margin. The company has formed a joint venture with First Breach Inc. and launched PRAGYA, introducing Q6 V2 Geo, SHODHAM M61, and FLYGHT CLOUD 2.0. IdeaForge UAVs have been deployed for Disaster Response Operations in multiple states during recent calamities.
Key Highlights
- Consistent orders in flow from Command Level EP and run-rate business
- Formed a joint venture (through U.S. subsidiary) with First Breach Inc. to manufacture and market select UAVs in the U.S.
- Q6 UAV receives NATO Stock Number (NSN), enabling inclusion in NATO & allied procurement systems
- Launched PRAGYA, the company's first customer engagement event, introducing Q6 V2 Geo, SHODHAM M61, and FLYGHT CLOUD 2.0
- Deployment of ideaForge UAVs for Disaster Response Operations in multiple states during recent calamities