Ideaforge Technology's Q3 FY 2025-26 Quarterly Results
- 24 Jan 2026
Result Summary
- Ideaforge Technology Ltd reported a 22.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 51.8%.
- Its expenses for the quarter were up by 10.4% QoQ and 63.8% YoY.
- The net profit increased 72.5% QoQ and increased 40.9% YoY.
- The earnings per share (EPS) of Ideaforge Technology Ltd declined at 7.75 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 34.16 | 44.05 | 22.51 | -22.5% | 51.8% |
Total Expenses | 70.09 | 63.51 | 42.79 | 10.4% | 63.8% |
Profit Before Tax | -35.93 | -19.46 | -20.28 | 84.6% | 77.2% |
Tax | -2.08 | 0.16 | 3.74 | -1400.0% | -155.6% |
Profit After Tax | -33.85 | -19.62 | -24.02 | 72.5% | 40.9% |
Earnings Per Share | -7.75 | -4.49 | -5.56 | 72.6% | 39.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ideaforge Technology Ltd is a company known for its specialization in the design and manufacturing of unmanned aerial vehicles (UAVs), often referred to as drones. The company operates in the aerospace and defense sector, providing innovative drone solutions for a diverse range of applications, including surveillance, mapping, and logistics. With ongoing advancements in technology and increasing demand for UAVs across various industries, Ideaforge Technology Ltd continues to be a prominent player in the market. Recent developments may include efforts to enhance drone capabilities or expand into new geographical markets, but specific details are not available in the provided information.
Revenue
In Q3 FY26, Ideaforge Technology Ltd reported a total income of ₹34.16 crores, reflecting a decrease of 22.5% compared to the previous quarter's income of ₹44.05 crores. However, when compared to the same quarter of the previous fiscal year (Q3 FY25), total income increased significantly by 51.8% from ₹22.51 crores. This indicates a substantial year-over-year growth in revenue, although there was a notable quarter-over-quarter decline. The variation in revenue over these periods highlights changes in the company's sales performance or market conditions.
Profitability
For Q3 FY26, Ideaforge Technology Ltd experienced a loss in terms of profitability, with a reported profit before tax of -₹35.93 crores. This was an increase in the loss by 84.6% from the previous quarter's loss of -₹19.46 crores. Year-over-year, the loss before tax increased by 77.2% compared to the -₹20.28 crores loss in Q3 FY25. The company also reported a profit after tax of -₹33.85 crores for Q3 FY26, which marks a 72.5% increase in loss from the previous quarter and a 40.9% increase in loss on a year-over-year basis. These figures indicate significant challenges in profitability both in the short and long term.
Operating Metrics
In terms of operating metrics, the company's total expenses for Q3 FY26 were ₹70.09 crores, which represents a 10.4% increase from the previous quarter's expenses of ₹63.51 crores. Compared to Q3 FY25, total expenses saw a significant increase of 63.8% from ₹42.79 crores. Earnings per share (EPS) for Q3 FY26 stood at -₹7.75, which was a 72.6% decline from the previous quarter's EPS of -₹4.49 and a 39.4% decline from the EPS of -₹5.56 in Q3 FY25. The tax expense for Q3 FY26 was reported as -₹2.08 crores, compared to a tax of ₹0.16 crores in Q2 FY26 and ₹3.74 crores in Q3 FY25, indicating a significant year-over-year and quarter-over-quarter shift. This data provides insight into the company's operational cost management and its impact on profitability.