ideaForge Q1 Results: Drone-maker posts ₹23.5 crore net loss, revenue tanks 85%YoY. Details here | Stock Market News

ideaForge Q1 Results: Drone-maker posts ₹23.5 crore net loss, revenue tanks 85%YoY. Details here | Stock Market News
Source: Live Mint
ideaForge Q1 results: The drone-making company ideaForge announced the results for the April to June quarter of the financial year 2025-26 on Tuesday, 22 July 2025. The company reported a ₹23.5 crore net loss in the first quarter of the 2025-26 fiscal year, compared year-on-year (YoY) to ₹1.1 crore net profit in the same quarter of the previous year.
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 Share Price Trend
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.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.








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