New Delhi, May 4 -- Drone maker ideaForge Technologies shares skyrocketed over 17% to hit a 52-week high of Rs.712.65 apiece in Monday's trading session after the company reported strong financial results for the quarter ended March 31, 2026.

The stock opened at Rs.710 apiece today, as compared to the previous close of Rs.609.20 on Thursday last week.

The drone maker reported a net profit of Rs.60 crore for the quarter, a sharp turnaround from a net loss of Rs.26 crore in the same period last year.

ideaForge's EBITDA also came in positive at Rs.62 crore, compared to an EBITDA loss of Rs.22 crore a year ago.

Quarterly revenue surged sevenfold to Rs.141 crore from Rs.20 crore last year. On a sequential basis as well, the company's topli...