Results - Announcements
Ideaforge Technology Ltd share price ticked higher by 1.75% to Rs 639.7 after the company's net profit witnessed a sharp fall of 349.42% to Rs 6.46 crore, while revenue from operations increased sharply by 33.10% to Rs 91.29 crore in Q3FY26 over Q2FY26.
The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.39 lakh crore, plunging by 30.08%. It has marginally improved by 0.40% over last one week and eased lower by 0.57% in last one month while the market capitalization of Ideaforge Technology Ltd has reduced by 10.85% and 26.98% in the same period respectively.
Profit before tax (PBT) of Ideaforge Technology Ltd stood at Rs 7.44 crore in Q3 FY26, tumbling by 138.23% year-on-year, and tanking 162.21% quarter-on-quarter. EBITDA came in at Rs 11 crore, crashing by 173.37% YoY and surging by 2713.16% sequentially.
Total expenses rose by 10.70% to Rs 89.08 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 48.12 crore, jumping 24.92% YoY, while employee benefits expense was at Rs 16.58 crore, rising by 9.80% YoY.
For the TTM ended FY26, revenue from operations surged 40.26% to Rs 226.13 crore, while net profit plunged by 72.66% to Rs 17.03 crore, compared to previous TTM. EBITDA saw a sharp decline of 6112% to Rs 17.47 crore, and PBT tanked by 68.04% to Rs 19.94 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 63.41 crore in FY26, as against Rs 76.79 crore in FY25.
Ideaforge Technology Ltd soared by 32.43% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 9.87% during the same period.