ideaForge revenue FY27: Rs 91 crore, net profit Rs 6.5 crore
ideaForge swings to Q2 profit on 124% revenue jump
By Abha Lohia · Editor ·
ideaForge revenue
ideaForge reported revenue of Rs 91 crore in FY27, with a net profit of Rs 6.5 crore, as reported by The Economic Times on 2 November 2026.
| Revenue (FY27) | Rs 91 crore |
|---|---|
| Net profit (FY27) | Rs 6.5 crore |
ideaForge: revenue and funding and every story →
- IdeaForge is an Indian drone maker that sells unmanned aircraft for defence and surveillance work
- It earned a Rs 6.5 crore net profit in the September quarter, against a Rs 19.6 crore loss a year ago
- Revenue rose 124% to Rs 91 crore, and operating earnings came in at Rs 23 crore
What happened
- Q2 FY27 net profit was Rs 6.5 crore.
- Revenue was Rs 91 crore, up 124% from Rs 40.8 crore.
- Ebitda (operating profit before interest, tax and write-offs) was Rs 23 crore.
Why it matters
- A year earlier the company lost Rs 19.6 crore.
- Order execution and new products drove the turnaround.
- It is preparing for upcoming procurement orders.
The business
- ideaForge makes drones.
- It is listed on the stock market.
The founders
In numbers
Rs 91 croreRevenue · Q2 FY27
Rs 6.5 croreNet profit · Q2 FY27
Rs 23 croreEbitda · Q2 FY27
The numbers around it
ideaForge has 2 funding rounds in StopDown's archive.
| When | Round | Amount | Led by |
|---|---|---|---|
| 7 July 2026 | QIP | Rs 500 crore | HDFC Mutual Fund-HDFC Defence Fund |
| 3 June 2026 | post-IPO | ₹500 Cr |
Terms in this story
- Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.
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