Drone maker ideaForge Technology delivered a sharp turnaround in FY26, with Q4 revenue reaching Rs 141 crore and profit rising to Rs 60 crore. The company also reported its highest-ever annual bookings and early international momentum, including its first US order. Growth comes alongside a push into combat drone capabilities, boosting confidence for the year ahead.
Drone maker ideaForge swung back to profit in Q4 FY26, posting ₹59.9 Cr profit after three straight quarters of losses, driven by a 6X jump in revenue and a broader defence push. Yet costs surged with material and supply-chain pressures, leaving FY26 loss-making—though losses shrank 73%. In other Inc42 updates, Kissht’s IPO saw modest Day 1 subscription, while Ola Electric faced an ICRA downgrade.
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