Ideaforge Technology Limited (IDEAFORGE) Q2 FY27 Financial Results: PAT ₹-2.6 & Revenue ₹68.6 (2 announcements)

IdeaForge Technology reported Q1 FY27 revenue of ₹68.6 Crore, up from ₹12.8 Crore YoY, with positive EBITDA of ₹4.3 Crore and a PAT of -₹2.6 Crore. The company completed a ₹500 Crore QIP, secured DGCA certification for its Q6 V2 GEO UAV, and received a ₹151 Crore LoI from the Government of India under the RDI Scheme. It also advanced delivery of its FY27 opening order book targeting Q3 fulfillment.

IdeaForge Technology reported Q1 FY27 revenue of INR 685.9 million, up 127.8% year-on-year, with EBITDA turning positive at INR 42.8 million. The company highlighted a 20%+ completion of its FY27 order book and raised INR 5,000 million via QIP to fund growth initiatives. Key developments include DGCA certification for the Q6 V2 GEO UAV, progress on ZOLT hybrid propulsion, and expansion in defence procurement pipelines. Forward-looking statements were included in the investor presentation, which is strictly confidential and not an offer to sell securities.