Mumbai, Oct. 29 -- Despite the wider loss, the company's revenue from operations increased 9.86% year on year (YoY) to Rs 40.76 crore during the quarter.

The company posted a pre-tax loss of Rs 19.46 crore in Q2 FY26, as against a pre-tax loss of Rs 18 crore in Q2 FY25.

Ideaforge reported a negative EBITDA of Rs 7.99 crore in Q2 FY26, improving from a negative EBITDA of Rs 9.99 crore in Q2 FY25. The EBITDA margin also improved to -19.6% in Q2 FY26 from -26.9% a year ago.

As on 30th September 2025, the company's order book stood at Rs 164 crore.

Ankit Mehta, CEO said, "ideaForge has been built with grit and our perseverance. The consistent investment in innovation of substance has paid off so far in our journey. While H1 of FY 2026 has...