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ideaForge flips profitable with ₹60 crore PAT in Q4 after three loss quarters
Business
Published on 30 April 2026
Revenues surged 6x, but costs also exploded hard
Dronetech startup ideaForge has bounced back after three straight quarters in the red, posting a net profit of ₹59.9 crore in Q4 FY26 (March 2026). Operating revenue jumped 6X year-on-year and 3.5X quarter-on-quarter to ₹141 crore, driving the turnaround despite total expenses rising 84% to ₹92.8 crore. FY26 losses narrowed 73% to ₹17 crore on 40% revenue growth.
- ideaForge returned to profit with ₹59.9 crore PAT in Q4 FY26
- Operating revenue surged 6X YoY to ₹141 crore, fueling the turnaround
- Total expenses rose 84% YoY to ₹92.8 crore, led by materials cost jump
- FY26 net loss shrank 73% to ₹17 crore as revenue grew 40%
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42