ideaForge Q1 Loss Widens, Order Boost

  Published 1 year ago

ideaForge posts sharp YoY revenue drop and loss in Q1 FY26, but secures major defense order and eyes future tailwinds.

  • Revenue fell 85% YoY to ₹12.78 crore; EBITDA margin plunged to -118.5% with ₹15.14 crore negative EBITDA.
  • Reported ₹25.29 crore pre-tax loss vs ₹1.56 crore profit YoY; order book stood at ₹144.8 crore as of June.
  • Won ₹137 crore defense order; the government’s ₹40,000 crore emergency procurement and ₹1 lakh crore RDI fund offer boost.

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