India, May 1 -- ideaForge Turns It Around In Q4

ideaForge is finally breathing a sigh of relief. After three straight quarters of losses, the drone manufacturer finally swung back to the black in Q4 on the back of a sharp jump in revenues, expanding global operations and the push for combat drones.

Here is a quick look at ideaForge's Q4 FY26 numbers:

Profits stood at Rs.59.9 Cr against a net loss of Rs.25.7 Cr in Q4 FY25

Operating revenue skyrocketed 6X YoY to a record Rs.141 Cr

Total expenses also spiked 84% YoY to Rs.92.8 Cr

Defence Demand Widens: The drone tech startup attributed the turnaround to stronger execution, better demand conditions and its ability to execute a backlog of orders. Buoyed by long-term investments in R&D an...