India, April 30 -- After three consecutive quarters in the red, dronetech company ideaForge regained profitability in the March 2026 quarter (Q4 FY26). The Pune-based company reported a net profit of Rs.59.9 Cr in Q4 FY26 against a net loss of Rs.25.7 Cr in the year-ago quarter. It had incurred a loss of Rs.33.9 Cr in the previous quarter.

The improvement in the bottom line came on the back of a robust jump in its operating revenue during the quarter under review. Operating revenue skyrocketed 6X YoY and 3.5X QoQ to Rs.141 Cr. Including other income of Rs.12.5 Cr, ideaForge's total income for the quarter stood at Rs.153.5 Cr.

Meanwhile, total expenses for the quarter also spiked 84% YoY to Rs.92.8 Cr. The surge in expenses came largely ...