IPO-Bound Garuda Aerospace's FY26 Profit Jumps 41% To Rs.25.9 Cr
India, Oct. 23 -- Chennai-based dronetech startup Garuda Aerospace reported a net profit of Rs.25.9 Cr in FY26, growing 41.1% from Rs.18.4 Cr from the previous fiscal year.
In terms of operational profitability, the drone maker's EBITA for the fiscal year jumped 31.8% to Rs.35.1 Cr in FY26 from Rs.26.6 Cr in the FY25.
Operating revenue surged 66.8% YoY to Rs.206 Cr during the fiscal under review from Rs.123.5 Cr in the previous year. Sales of drones and drone parts brought in Rs.99.4 Cr to the top line while the remaining Rs.106.5 Cr via sale of services. Another Rs.15 Lakh was earned from delivery charges.
Including other income of Rs.26.5 Lakh, total income for the fiscal stood at Rs.206.2 Cr.
"During the year, we continued to stren...
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