Ideaforge Technology Q2 FY27: revenue up 123.8% to ₹91 Cr, net profit up 133.2% to ₹7 Cr
Results · Finvezto · 2 Nov 2026 · Ideaforge Technology (IDEAFORGE)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 91 | +33.1% | +123.8% |
| Operating profit | 17 | +639.1% | +250.4% |
| Net profit | 7 | +350.0% | +133.2% |
| Operating margin | 18.6% | +15.3 pp | +6.7 pp |
| Net margin | 7.1% | +5.0 pp | +0.3 pp |
Key points
- ideaForge Technology reported Q2 FY27 revenue from operations of Rs 91.3 crore (up 124% YoY), EBITDA of Rs 23.2 crore, and net profit of Rs 6.5 crore, turning around from an EBITDA loss of Rs 8.0 crore and net loss of Rs 19.6 crore in Q2 FY26. NSE filing
- The company executed over 50% of its FY27 opening order book in H1 and secured Rs 151 crore in RDI funding from the Technology Development Board to develop its middle-mile logistics UAV platform YETI. NSE filing
- Revenue was ₹91 Cr, up 123.8% on a year earlier and up 33.1% on the quarter before. Finvezto data
Other figures
- Gross Profit: ₹50 Cr (+143.0% YoY)
What to watch
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): -83.9%, 43.8%, 3.4%, 18.6%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: -34, 60, -3, 7.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.