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ideaForge Posts Rs 6.5 Crore Q2 Profit Against Last Year's Loss

The drone maker's revenue rose 124% year on year to Rs 91.3 crore in the September quarter.

ideaForge Q2 results: drone in flight

Key Takeaways

  • ideaForge reported a net profit of Rs 6.5 crore in Q2 FY27.
  • The same quarter last year ended in a net loss of Rs 19.6 crore.
  • Revenue from operations rose 124% year on year to Rs 91.3 crore.
  • EBITDA was Rs 23.2 crore, an EBITDA margin of 25.4%.
Table of Contents 4 sections
  1. ideaForge Q2 FY27 at a glance
  2. What ideaForge said about its order book
  3. Where ideaForge stands after the September quarter
  4. FAQs

ideaForge Technology reported a net profit of Rs 6.5 crore for the September quarter of FY27 (Q2 FY27), against a net loss of Rs 19.6 crore in the same quarter last year. The drone maker's revenue from operations rose 124% year on year to Rs 91.3 crore.

Revenue was also up about 33% from Rs 68.6 crore in the June quarter (Q1 FY27), when the company reported a net loss of Rs 2.6 crore.

ideaForge Q2 FY27 at a glance

DetailValue
Net profitRs 6.5 crore
Net result in Q2 FY26Loss of Rs 19.6 crore
Revenue from operationsRs 91.3 crore, up 124% year on year
Revenue in Q2 FY26Rs 40.8 crore
Revenue in Q1 FY27Rs 68.6 crore
EBITDARs 23.2 crore, against a loss of Rs 8 crore in Q2 FY26
EBITDA margin25.4%
Quarter endedSeptember 30, 2026

What ideaForge said about its order book

Chief executive Ankit Mehta said the company executed more than 50% of its opening FY27 order book during the first half of the year. The company entered FY27 with an order book of more than Rs 300 crore.

Where ideaForge stands after the September quarter

For the first half of FY27, ideaForge reported revenue of Rs 159.9 crore and a net profit of Rs 3.9 crore. In the first half of FY26, it had reported revenue of Rs 53.5 crore and a net loss of Rs 43.2 crore.

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Frequently Asked Questions

What was ideaForge's net profit in Q2 FY27?

ideaForge reported a net profit of Rs 6.5 crore for the September quarter of FY27.

What did ideaForge report in Q2 FY26?

ideaForge reported a net loss of Rs 19.6 crore in the September quarter of FY26.

How much was ideaForge's revenue in Q2 FY27?

ideaForge's revenue from operations was Rs 91.3 crore in the September quarter of FY27.

How much did ideaForge's revenue grow year on year?

ideaForge's revenue from operations grew 124% from Rs 40.8 crore in Q2 FY26.

How much did ideaForge's revenue grow from the previous quarter?

ideaForge's revenue grew about 33% from Rs 68.6 crore in Q1 FY27.

What was ideaForge's EBITDA in Q2 FY27?

ideaForge reported EBITDA of Rs 23.2 crore, against a loss of Rs 8 crore a year earlier.

What was ideaForge's EBITDA margin in Q2 FY27?

ideaForge's EBITDA margin was 25.4% in the September quarter.

What is ideaForge?

ideaForge Technology is a drone maker.

How much of its order book did ideaForge execute in the first half of FY27?

ideaForge said it executed more than 50% of its opening FY27 order book in the first half.

How big was ideaForge's order book at the start of FY27?

ideaForge entered FY27 with an order book of more than Rs 300 crore.

How did ideaForge do in the first half of FY27?

ideaForge reported first-half revenue of Rs 159.9 crore and a net profit of Rs 3.9 crore.

What did ideaForge report in Q1 FY27?

ideaForge reported a net loss of Rs 2.6 crore and revenue of Rs 68.6 crore in the June quarter of FY27.

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