ideaForge Q1 Results: Drone-maker posts ₹23.5 crore net loss, revenue tanks 85%YoY. Details here
The company's revenue from operations dropped by 85.1% to ₹ 12.7 crore in the April-June quarter of the current fiscal, compared to ₹ 86.2 crore in the same period a year ago.
ideaForge's total expenses for the first quarter of the financial year 2025-26 dropped 53% to ₹ 42 crore, compared to its ₹ 90.6 crore levels in the same quarter the previous fiscal year.
ideaForge shares closed 0.73% lower at ₹ 544.45 after Tuesday's stock market session, compared to ₹ 548.45 at the previous market close. The company announced its first-quarter results after stock market operating hours on 22 July 2025.
According to BSE data, the drone company's shares hit their 52-week high at ₹ 864 on 29 July 2025, while the 52-week low was at ₹ 301 on 7 April 2025. The company's market capitalisation (M-Cap) was at ₹ 2,352.27 crore as of the stock market close on Tuesday, 22 July 2025.
ideaForge shares have lost 58.15% since it was listed on the Indian stock market in July 2023. The stock is also down 33.50% in the last one-year period.
On a year-to-date (YTD) basis, the shares are down 13.19% in 2025, and are currently trading 3.71% lower on the Indian bourses.
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